208 Grasonville Cemetery RdGrasonvilleMD21638
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Grasonville at 208 Grasonville Cemetery Rd, Grasonville, MD, 21638 offers a 8.08% rental yield on a $464,500 purchase with $3,128/mo rent. Total monthly income registers $3,128/mo, and a $2,274/mo payment leaves $240/mo available for distribution. Annual cash flow reaches $2,874/yr on $153,982 to close, and return on cash invested stands at 21.78% in year one. Equity gained on principal adds $2,997/yr while 5% annual appreciation supports $128,333 over five years. Portfolio math shows five-year ROI at 112.89% and total cumulative return in cash at $173,830. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,128/mo property income against a $2,274/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21638, Grasonville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,357 (100%) |
| Owner Occupied HU | 1,698 (72.0%) |
| Renter Occupied HU | 394 (16.7%) |
| Vacant Housing Units | 265 (11.2%) |
| Median Home Value | $519,724 |
| Average Home Value | $610,355 |
Housing Distribution
Address Breakdown
Residential
2,241
Single Family
2,110
Multi-Family
131
Businesses
180
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Listed by: Samantha Grimes • Chesapeake Real Estate Associates, LLC
Mls Name: Bright MLS
Mls ID: #MDQA2015852