215 Broad StMiddletownMD21769
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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 Middletown at 215 Broad St, Middletown, MD, 21769 generates $3,916/mo in rent and, after a $2,790/mo payment, leaves $371/mo in cash flow. Total monthly income is $3,916/mo, and annual cash flow is $4,449/yr on $187,530 invested. Return on cash invested sits at 22.43% in year one, and rental yield is 8.24% on a $570,000 entry. Equity gained on principal adds $3,678/yr, while 5% annual appreciation builds toward $157,480 over five years. Five-year ROI reaches 116.39% and total cumulative return in cash sums $218,257. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,916/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21769, Middletown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,486 (100%) |
| Owner Occupied HU | 3,801 (84.7%) |
| Renter Occupied HU | 524 (11.7%) |
| Vacant Housing Units | 161 ( 3.6%) |
| Median Home Value | $591,569 |
| Average Home Value | $646,696 |
Housing Distribution
Address Breakdown
Residential
4,368
Single Family
4,284
Multi-Family
84
Businesses
246
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Listed by: Wendy Friend • RE/MAX Results
Mls Name: Bright MLS
Mls ID: #MDFR2074538