215 Franklin StCambridgeMD21613
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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 Cambridge at 215 Franklin St, Cambridge, MD, 21613 priced at $115,000 pairs $1,446/mo rent with $731/mo cash flow after a $563/mo payment. Total monthly income equals $1,446/mo, and annual cash flow comes to $8,767/yr on $38,123 invested. Return on cash invested is 42.91% in year one, and rental yield stands at 15.09% on a $115,000 basis. Equity gained on principal adds $742/yr, and 5% annual appreciation accumulates to $31,772 by year five. Five-year ROI measures 226.25% and total cumulative return in cash reaches $86,253. For financing, Ziffy Mortgage’s DSCR program evaluates $1,446/mo property income against a $563/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1890
4,655 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21613, Cambridge, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,537 (100%) |
| Owner Occupied HU | 4,519 (47.4%) |
| Renter Occupied HU | 3,505 (36.8%) |
| Vacant Housing Units | 1,513 (15.9%) |
| Median Home Value | $298,117 |
| Average Home Value | $357,441 |
Housing Distribution
Address Breakdown
Residential
9,288
Single Family
8,313
Multi-Family
975
Businesses
864
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Listed by: Sharon Spedden • Sharon Real Estate P.C.
Mls Name: Bright MLS
Mls Provider:
Mls ID: #MDDO2007766
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