245 Tournament Cir, North East, MD, 21901 | $824/mo Cash Flow

For Sale

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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 North East at 245 Tournament Cir, North East, MD, 21901 priced at $309,900 pairs $2,752/mo rent with $824/mo cash flow after a $1,517/mo payment. Total monthly income equals $2,752/mo, and annual cash flow comes to $9,893/yr on $102,732 invested. Return on cash invested is 29.54% in year one, and rental yield stands at 10.66% on a $309,900 basis. Equity gained on principal adds $2,000/yr, and 5% annual appreciation accumulates to $85,620 by year five. Five-year ROI measures 154.54% and total cumulative return in cash reaches $158,760. For financing, Ziffy Mortgage’s DSCR program evaluates $2,752/mo property income against a $1,517/mo payment instead of your W2s, 1099s, or Tax returns.

Townhouse

Built in 2020

6,534 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 21901, North East, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,213 (100%)
Owner Occupied HU	5,121 (62.4%)
Renter Occupied HU	2,190 (26.7%)
Vacant Housing Units	902 (11.0%)
Median Home Value	$395,977
Average Home Value	$418,006