2228 Hoyes Run RdMchenryMD21541
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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 Mchenry at 2228 Hoyes Run Rd, Mchenry, MD, 21541 generates $4,115/mo in rent, after a $3,372/mo payment. Total monthly income is $4,115/mo. Return on cash invested sits at 19.16% in year one, and rental yield is 7.17% on a $689,000 entry. Equity gained on principal adds $4,446/yr, while 5% annual appreciation builds toward $190,358 over five years. Five-year ROI reaches 98.85% and total cumulative return in cash sums $224,070. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,115/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
1.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21541, Mc Henry, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,233 (100%) |
| Owner Occupied HU | 512 (22.9%) |
| Renter Occupied HU | 156 ( 7.0%) |
| Vacant Housing Units | 1,565 (70.1%) |
| Median Home Value | $354,286 |
| Average Home Value | $425,522 |
Housing Distribution
Address Breakdown
Residential
768
Single Family
619
Multi-Family
149
Businesses
210
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