2215 Ivy Ln #6Chesapeake BeachMD20732
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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 Chesapeake Beach at 2215 Ivy Ln #6, Chesapeake Beach, MD, 20732 uses $120,998 cash to close to unlock $15,017/yr annual cash flow and $1,251/mo monthly cash flow. Total monthly income runs $3,521/mo, and a $1,786/mo payment keeps the spread at $1,251/mo. Purchase price stands at $365,000, and rental yield measures 11.58% with $3,521/mo rent. Return on cash invested shows 32.32% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 169.45% and total cumulative return in cash records $205,027. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,521/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Townhouse
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20732, Chesapeake Beach, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,900 (100%) |
| Owner Occupied HU | 3,771 (77.0%) |
| Renter Occupied HU | 758 (15.5%) |
| Vacant Housing Units | 371 ( 7.6%) |
| Median Home Value | $469,540 |
| Average Home Value | $501,391 |
Housing Distribution
Address Breakdown
Residential
3,964
Single Family
3,899
Multi-Family
65
Businesses
137
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Listed by: Laura Peruzzi • RE/MAX One
Mls Name: Bright MLS
Mls ID: #MDCA2022282