241 Grays RdHarwoodMD20776
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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
Rental property for sale in Harwood at 241 Grays Rd, Harwood, MD, 20776 priced at $875,000 converts $4,768/mo rent into after a $4,283/mo obligation. Total monthly income equals $4,768/mo. Return on cash invested prints 17.25% in year one, and rental yield reads 6.54% against a $875,000 entry. Equity gained on principal adds $5,646/yr, while 5% annual appreciation compiles into $241,746 by year five. Five-year ROI reaches 88.58% and total cumulative return in cash sums $255,011. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,768/mo property income covering a $4,283/mo payment, not borrower’s personal income.
Single Family
Built in 1997
14.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20776, Harwood, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,160 (100%) |
| Owner Occupied HU | 1,033 (89.1%) |
| Renter Occupied HU | 91 ( 7.8%) |
| Vacant Housing Units | 36 ( 3.1%) |
| Median Home Value | $740,677 |
| Average Home Value | $800,104 |
Housing Distribution
Address Breakdown
Residential
1,242
Single Family
1,242
Multi-Family
0
Businesses
62
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