25 Hatteras Ct, Elkton, MD, 21921 | $622/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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25 Hatteras Ct, Elkton, MD, 21921 | $622/mo Cash Flow | Ziffy

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 Elkton at 25 Hatteras Ct, Elkton, MD, 21921 generates $1,897/mo in rent and, after a $1,003/mo payment, leaves $622/mo in cash flow. Total monthly income is $1,897/mo, and annual cash flow is $7,468/yr on $67,958 invested. Return on cash invested sits at 30.9% in year one, and rental yield is 11.1% on a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 161.84% and total cumulative return in cash sums $109,986. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,897/mo property income rather than buyer’s personal income.

Townhouse

Built in 1986

2,003 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 25 Hatteras Court in Elkton! This well-maintained 2-bedroom, 1.5-bath townhouse offers affordable living with a functional layout and a convenient location. The main level features a bright living area, dining space, and an efficient kitchen, along with a half bath for guests. Upstairs youll find two very nice sized bedrooms and a full bath. Both bedrooms have multiple closets. Step outside through the sliding back doors to a fenced backyard, perfect for pets, grilling, or creating a small garden retreat. Off-street parking adds everyday convenience. This a great opportunity for first-time buyers, downsizers, or investors. Located just minutes from the Delaware line, this home offers quick access to tax-free shopping, major commuter routes, and nearby dining and amenities.

Neighborhood Data

Neighborhood data shown for ZIP Code: 21921, Elkton, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	19,232 (100%)
Owner Occupied HU	12,221 (63.5%)
Renter Occupied HU	5,679 (29.5%)
Vacant Housing Units	1,332 ( 6.9%)
Median Home Value	$352,617
Average Home Value	$392,461