24846 Branfields DrRidgelyMD21660
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ridgely at 24846 Branfields Dr, Ridgely, MD, 21660 offers a 8.25% rental yield on a $484,900 purchase with $3,332/mo rent. Total monthly income registers $3,332/mo, and a $2,373/mo payment leaves $317/mo available for distribution. Annual cash flow reaches $3,798/yr on $160,744 to close, and return on cash invested stands at 22.27% in year one. Equity gained on principal adds $3,129/yr while 5% annual appreciation supports $133,969 over five years. Portfolio math shows five-year ROI at 115.56% and total cumulative return in cash at $185,755. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,332/mo property income against a $2,373/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21660, Ridgely, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,618 (100%) |
| Owner Occupied HU | 1,161 (71.8%) |
| Renter Occupied HU | 337 (20.8%) |
| Vacant Housing Units | 120 ( 7.4%) |
| Median Home Value | $350,195 |
| Average Home Value | $367,097 |
Housing Distribution
Address Breakdown
Residential
1,503
Single Family
1,503
Multi-Family
0
Businesses
125
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices