21315 Ridge RdFreelandMD21053
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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 Freeland at 21315 Ridge Rd, Freeland, MD, 21053 uses $165,750 cash to close to unlock $11,478/yr annual cash flow and $957/mo monthly cash flow. Total monthly income runs $4,066/mo, and a $2,447/mo payment keeps the spread at $957/mo. Purchase price stands at $499,999, and rental yield measures 9.76% with $4,066/mo rent. Return on cash invested shows 26.83% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 140.02% and total cumulative return in cash records $232,087. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,066/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1967
3.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21053, Freeland, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,235 (100%) |
| Owner Occupied HU | 1,059 (85.7%) |
| Renter Occupied HU | 102 ( 8.3%) |
| Vacant Housing Units | 74 ( 6.0%) |
| Median Home Value | $576,499 |
| Average Home Value | $609,358 |
Housing Distribution
Address Breakdown
Residential
1,201
Single Family
1,193
Multi-Family
8
Businesses
25
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