208 S 3rd StDentonMD21629
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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 Denton at 208 S 3rd St, Denton, MD, 21629 offers a 12% rental yield on a $200,000 purchase with $2,000/mo rent. Total monthly income registers $2,000/mo, and a $979/mo payment leaves $756/mo available for distribution. Annual cash flow reaches $9,072/yr on $66,300 to close, and return on cash invested stands at 33.59% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 176.23% and total cumulative return in cash at $116,840. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,000/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
6,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21629, Denton, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,010 (100%) |
| Owner Occupied HU | 2,727 (68.0%) |
| Renter Occupied HU | 998 (24.9%) |
| Vacant Housing Units | 285 ( 7.1%) |
| Median Home Value | $332,088 |
| Average Home Value | $383,294 |
Housing Distribution
Address Breakdown
Residential
3,909
Single Family
3,801
Multi-Family
108
Businesses
488
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