21 Seabreeze RdOcean PinesMD21811
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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 Ocean Pines at 21 Seabreeze Rd, Ocean Pines, MD, 21811 priced at $524,000 pairs $2,318/mo rent with after a $2,565/mo payment. Total monthly income equals $2,318/mo. Return on cash invested is 13.51% in year one, and rental yield stands at 5.31% on a $524,000 basis. Equity gained on principal adds $3,381/yr, and 5% annual appreciation accumulates to $144,772 by year five. Five-year ROI measures 68.53% and total cumulative return in cash reaches $118,135. For financing, Ziffy Mortgage’s DSCR program evaluates $2,318/mo property income against a $2,565/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21811, Berlin, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,557 (100%) |
| Owner Occupied HU | 8,949 (54.0%) |
| Renter Occupied HU | 2,329 (14.1%) |
| Vacant Housing Units | 5,279 (31.9%) |
| Median Home Value | $402,871 |
| Average Home Value | $482,648 |
Housing Distribution
Address Breakdown
Residential
13,440
Single Family
11,760
Multi-Family
1,680
Businesses
837
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Listed by: Nikki Rayne • Keller Williams Realty Delmarva
Mls Name: Bright MLS
Mls ID: #MDWO2034960