217 Grove Cove RdCentrevilleMD21617
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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 Centreville at 217 Grove Cove Rd, Centreville, MD, 21617 earns from $3,600/mo rent with a $3,642/mo payment. Total monthly income totals $3,600/mo. ROI tracks 15.02% on current figures, and rental yield reads 5.81% at a $744,000 purchase. Equity gained on principal adds $4,801/yr, and 5% annual appreciation supports $205,553 over five years. Five-year ROI reaches 76.65% and total cumulative return in cash sums $187,614. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,600/mo property income instead of your personal income.
Single Family
Built in 1994
3.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21617, Centreville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,368 (100%) |
| Owner Occupied HU | 3,356 (76.8%) |
| Renter Occupied HU | 700 (16.0%) |
| Vacant Housing Units | 312 ( 7.1%) |
| Median Home Value | $481,958 |
| Average Home Value | $533,517 |
Housing Distribution
Address Breakdown
Residential
4,292
Single Family
4,235
Multi-Family
57
Businesses
424
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Listed by: Brenda Fornos • Taylor Properties
Mls Name: Bright MLS
Mls ID: #MDQA2014692