22 Edgewater AveNorth EastMD21901
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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 North East at 22 Edgewater Ave, North East, MD, 21901 uses $89,339 cash to close to unlock $6,959/yr annual cash flow and $580/mo monthly cash flow. Total monthly income runs $2,256/mo, and a $1,319/mo payment keeps the spread at $580/mo. Purchase price stands at $269,500, and rental yield measures 10.05% with $2,256/mo rent. Return on cash invested shows 27.7% in year one, and 5% annual appreciation builds toward $74,458 over five years. Five-year ROI reaches 144.65% and total cumulative return in cash records $129,228. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,256/mo property income covering a $1,319/mo payment rather than investor’s personal income.
Single Family
Built in 1950
6,233 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21901, North East, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,213 (100%) |
| Owner Occupied HU | 5,121 (62.4%) |
| Renter Occupied HU | 2,190 (26.7%) |
| Vacant Housing Units | 902 (11.0%) |
| Median Home Value | $395,977 |
| Average Home Value | $418,006 |
Housing Distribution
Address Breakdown
Residential
7,934
Single Family
7,364
Multi-Family
570
Businesses
460
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Listed by: N/A • N/A
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