213 Central AveWesternportMD21562
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Westernport at 213 Central Ave, Westernport, MD, 21562 offers $1,320/mo rent that, after a $857/mo payment, leaves $231/mo cash flow. Total monthly income is $1,320/mo, and annual cash flow is $2,773/yr on $58,012 cash. Return on cash invested measures 24.69% in year one, and rental yield stands at 9.05% at a $174,999 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 128.61% and total cumulative return in cash reaches $74,611. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,320/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
7,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21562, Westernport, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,361 (100%) |
| Owner Occupied HU | 869 (63.9%) |
| Renter Occupied HU | 260 (19.1%) |
| Vacant Housing Units | 232 (17.0%) |
| Median Home Value | $108,269 |
| Average Home Value | $234,272 |
Housing Distribution
Address Breakdown
Residential
1,205
Single Family
1,135
Multi-Family
70
Businesses
75
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Listed by: Debbie Grimm • Perry Wellington Realty, LLC
Mls Name: Bright MLS
Mls ID: #MDAL2012786