24304 McGlue RdMaddoxMD20621
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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 Maddox at 24304 McGlue Rd, Maddox, MD, 20621 offers a 8.53% rental yield on a $269,900 purchase with $1,919/mo rent. Total monthly income registers $1,919/mo, and a $1,321/mo payment leaves $240/mo available for distribution. Annual cash flow reaches $2,885/yr on $89,472 to close, and return on cash invested stands at 23.13% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,568 over five years. Portfolio math shows five-year ROI at 120.21% and total cumulative return in cash at $107,550. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,919/mo property income against a $1,321/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20621, Chaptico, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 722 (100%) |
| Owner Occupied HU | 491 (68.0%) |
| Renter Occupied HU | 59 ( 8.2%) |
| Vacant Housing Units | 172 (23.8%) |
| Median Home Value | $487,383 |
| Average Home Value | $536,135 |
Housing Distribution
Address Breakdown
Residential
344
Single Family
344
Multi-Family
0
Businesses
19
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