209 Webb LnSt MichaelsMD21663
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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
Rental property for sale in St Michaels at 209 Webb Ln, St Michaels, MD, 21663 priced at $229,000 converts $2,027/mo rent into $603/mo cash flow after a $1,121/mo obligation. Total monthly income equals $2,027/mo, and annual cash flow totals $7,231/yr on $75,914 invested. Return on cash invested prints 29.43% in year one, and rental yield reads 10.62% against a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation compiles into $63,268 by year five. Five-year ROI reaches 153.97% and total cumulative return in cash sums $116,885. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,027/mo property income covering a $1,121/mo payment, not borrower’s personal income.
Townhouse
Built in 1981
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21663, Saint Michaels, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,116 (100%) |
| Owner Occupied HU | 1,125 (53.2%) |
| Renter Occupied HU | 394 (18.6%) |
| Vacant Housing Units | 597 (28.2%) |
| Median Home Value | $691,382 |
| Average Home Value | $890,696 |
Housing Distribution
Address Breakdown
Residential
1,549
Single Family
1,549
Multi-Family
0
Businesses
211
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Listed by: Harry Kaiser • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #MDTA2012448