23212 Neck RdAquascoMD20608
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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 Aquasco at 23212 Neck Rd, Aquasco, MD, 20608 uses $104,389 cash to close to unlock $13,749/yr annual cash flow and $1,146/mo monthly cash flow. Total monthly income runs $3,104/mo, and a $1,541/mo payment keeps the spread at $1,146/mo. Purchase price stands at $314,900, and rental yield measures 11.83% with $3,104/mo rent. Return on cash invested shows 33.08% in year one, and 5% annual appreciation builds toward $87,001 over five years. Five-year ROI reaches 173.51% and total cumulative return in cash records $181,126. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,104/mo property income covering a $1,541/mo payment rather than investor’s personal income.
Single Family
Built in 1963
2.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20608, Aquasco, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 383 (100%) |
| Owner Occupied HU | 264 (68.9%) |
| Renter Occupied HU | 54 (14.1%) |
| Vacant Housing Units | 65 (17.0%) |
| Median Home Value | $734,940 |
| Average Home Value | $741,979 |
Housing Distribution
Address Breakdown
Residential
362
Single Family
362
Multi-Family
0
Businesses
18
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