224 S Main StBoonsboroMD21713
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 224 S Main St, Boonsboro, MD, 21713 in Boonsboro speaks for itself: 12.6% gross on a $330,000 price, generating $3,466/mo in rent and $1,413/mo in net income after the $1,484/mo debt service. DSCR 2.34, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $16,958 stacks alongside $91,173 in projected five-year appreciation and $3,039/yr in principal reduction. Projected total cumulative return: $216,135.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.6% | 7.0% |
| Monthly Cash Flow | $1,413 | $350 |
City averages based on Boonsboro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,466 |
| Total Monthly Debt Service | $1,921 |
| DSCR Ratio | 1.80x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1969
0.34 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1969
0.34 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices