24420 Mallard Pl, Saint Michaels, MD, 21663 | $485/mo Cash Flow

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 Saint Michaels at 24420 Mallard Pl, Saint Michaels, MD, 21663 generates $5,616/mo in rent and, after a $4,038/mo payment, leaves $485/mo in cash flow. Total monthly income is $5,616/mo, and annual cash flow is $5,818/yr on $271,425 invested. Return on cash invested sits at 22.2% in year one, and rental yield is 8.17% on a $825,000 entry. Equity gained on principal adds $5,324/yr, while 5% annual appreciation builds toward $227,932 over five years. Five-year ROI reaches 115.15% and total cumulative return in cash sums $312,549. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,616/mo property income rather than buyer’s personal income.

Single Family

Built in 1988

1.23 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 21663, Saint Michaels, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,116 (100%)
Owner Occupied HU	1,125 (53.2%)
Renter Occupied HU	394 (18.6%)
Vacant Housing Units	597 (28.2%)
Median Home Value	$691,382
Average Home Value	$890,696