2313 Cardinal WayChesapeake 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 2313 Cardinal Way, Chesapeake Beach, MD, 20732 listed at $350,000 pairs $3,034/mo rent with a $1,713/mo payment to leave $857/mo cash flow. Total monthly income runs $3,034/mo, and annual cash flow reaches $10,287/yr on $116,025 cash to close. Return on cash invested measures 28.78% in year one, and rental yield registers 10.4% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 150.46% and total cumulative return in cash totals $174,566. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,034/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2003
1,600 sqft 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: Frank Mcknew • RE/MAX Realty Group
Mls Name: Bright MLS
Mls ID: #MDCA2022474







