216 Main StNew WindsorMD21776
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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 New Windsor at 216 Main St, New Windsor, MD, 21776 generates $2,207/mo in rent and, after a $1,223/mo payment, leaves $653/mo in cash flow. Total monthly income is $2,207/mo, and annual cash flow is $7,835/yr on $82,842 invested. Return on cash invested sits at 29.37% in year one, and rental yield is 10.6% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 153.59% and total cumulative return in cash sums $127,238. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,207/mo property income rather than buyer’s personal income.
Multi Family
Built in 1874
4,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21776, New Windsor, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,555 (100%) |
| Owner Occupied HU | 2,129 (83.3%) |
| Renter Occupied HU | 296 (11.6%) |
| Vacant Housing Units | 130 ( 5.1%) |
| Median Home Value | $516,236 |
| Average Home Value | $553,970 |
Housing Distribution
Address Breakdown
Residential
2,082
Single Family
2,082
Multi-Family
0
Businesses
113
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Listed by: Pete Thorpe • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #MDCR2029790