258 Scenic DrGrantsvilleMD21536
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 Grantsville at 258 Scenic Dr, Grantsville, MD, 21536 with 5% annual appreciation on a $299,900 basis while $2,448/mo rent supports operations. Total monthly income totals $2,448/mo and a $1,468/mo payment preserves $583/mo for cash returns. Annual cash flow comes to $6,992/yr on $99,417 deployed, and return on cash invested reaches 26.94% in year one. Equity gained on principal adds $1,935/yr, and five-year appreciation sums $82,857 alongside rental yield of 9.8%. Five-year ROI measures 140.6% and total cumulative return in cash totals $139,780.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,448/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1987
6.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21536, Grantsville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,895 (100%) |
| Owner Occupied HU | 1,200 (63.3%) |
| Renter Occupied HU | 405 (21.4%) |
| Vacant Housing Units | 290 (15.3%) |
| Median Home Value | $250,382 |
| Average Home Value | $338,021 |
Housing Distribution
Address Breakdown
Residential
1,423
Single Family
1,423
Multi-Family
0
Businesses
175
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jay Ferguson • Taylor Made Deep Creek Vacations & Sales
Mls Name: Bright MLS
Mls ID: #MDGA2009952