2604 Chapel Lake Dr APT 112GambrillsMD21054
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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
Investment Highlights
Investment property for sale in Gambrills at 2604 Chapel Lake Dr APT 112, Gambrills, MD, 21054 listed at $347,500 pairs $3,180/mo rent with a $1,701/mo payment to leave $1,019/mo cash flow. Total monthly income runs $3,180/mo, and annual cash flow reaches $12,223/yr on $115,196 cash to close. Return on cash invested measures 30.52% in year one, and rental yield registers 10.98% at a $347,500 basis. Equity gained on principal adds $2,242/yr, and annual property appreciation at 5% supports $96,008 by year five. Five-year ROI tracks 159.78% and total cumulative return in cash totals $184,065. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,180/mo property income relative to a $1,701/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21054, Gambrills, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,974 (100%) |
| Owner Occupied HU | 4,537 (75.9%) |
| Renter Occupied HU | 1,088 (18.2%) |
| Vacant Housing Units | 349 ( 5.8%) |
| Median Home Value | $625,326 |
| Average Home Value | $666,194 |
Housing Distribution
Address Breakdown
Residential
5,325
Single Family
4,376
Multi-Family
949
Businesses
543
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