212 Friendship Rd, Elkton, MD, 21921 | $742/mo Cash Flow

For Sale

Listed for sale 6 days ago

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Elkton at 212 Friendship Rd, Elkton, MD, 21921 offers $2,762/mo rent that, after a $1,590/mo payment, leaves $742/mo cash flow. Total monthly income is $2,762/mo, and annual cash flow is $8,898/yr on $107,704 cash. Return on cash invested measures 28.17% in year one, and rental yield stands at 10.2% at a $324,900 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,764 by year five. Five-year ROI records 147.2% and total cumulative return in cash reaches $158,537. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,762/mo property income versus a $1,590/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1974

10,585 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 21921, Elkton, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	19,232 (100%)
Owner Occupied HU	12,221 (63.5%)
Renter Occupied HU	5,679 (29.5%)
Vacant Housing Units	1,332 ( 6.9%)
Median Home Value	$352,617
Average Home Value	$392,461