233 Timber LnGrasonvilleMD21638
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
Investment Highlights
Rental property for sale in Grasonville at 233 Timber Ln, Grasonville, MD, 21638 priced at $459,000 pairs $3,751/mo rent with $896/mo cash flow after a $2,247/mo payment. Total monthly income equals $3,751/mo, and annual cash flow comes to $10,750/yr on $152,159 invested. Return on cash invested is 26.97% in year one, and rental yield stands at 9.81% on a $459,000 basis. Equity gained on principal adds $2,962/yr, and 5% annual appreciation accumulates to $126,813 by year five. Five-year ROI measures 140.76% and total cumulative return in cash reaches $214,175. For financing, Ziffy Mortgage’s DSCR program evaluates $3,751/mo property income against a $2,247/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21638, Grasonville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,357 (100%) |
| Owner Occupied HU | 1,698 (72.0%) |
| Renter Occupied HU | 394 (16.7%) |
| Vacant Housing Units | 265 (11.2%) |
| Median Home Value | $519,724 |
| Average Home Value | $610,355 |
Housing Distribution
Address Breakdown
Residential
2,241
Single Family
2,110
Multi-Family
131
Businesses
180
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy Dumenil • Keller Williams Flagship
Mls Name: Bright MLS
Mls ID: #MDQA2014780