2330 Forest Ridge Ter #7, Chesapeake Beach, MD, 20732 | $192/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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2330 Forest Ridge Ter #7, Chesapeake Beach, MD, 20732 | $192/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Chesapeake Beach at 2330 Forest Ridge Ter #7, Chesapeake Beach, MD, 20732 generates $2,400/mo in rent and, after a $1,738/mo payment, leaves $192/mo in cash flow. Total monthly income is $2,400/mo, and annual cash flow is $2,299/yr on $117,683 invested. Return on cash invested sits at 21.86% in year one, and rental yield is 8.11% on a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 113.37% and total cumulative return in cash sums $133,416. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.

Townhouse

Built in 2008

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome Home! This beautifully maintained 3-bedroom, 2.5-bath townhouse offers comfort, convenience, and style in one of the areas most desirable, family-friendly communities. Featuring brand new carpet and fresh paint throughout, this home is move-in ready and waiting for you! Enjoy a spacious one-car garage, open living and dining area, and a well-equipped kitchen on the main level. Upstairs, youll find large bedrooms, including a relaxing primary suite with a private bath and two walk-in closets. Laundry is conveniently located on the second level close to the bedrooms. Located in the sought-after Richfield Station neighborhood, youll have access to fantastic community amenities such as playgrounds, walking trails, sports courts, and more all in a friendly, well-kept environment close to shopping, schools, and commuter routes. Dont miss this opportunity to make this wonderful townhouse your new home!

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