2612 Fiat DrHanoverMD21076
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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 Hanover at 2612 Fiat Dr, Hanover, MD, 21076 earns $201/mo cash flow from $3,864/mo rent with a $2,883/mo payment. Total monthly income totals $3,864/mo, and annual cash flow totals $2,407/yr on $193,781 capital. ROI tracks 21.3% on current figures, and rental yield reads 7.87% at a $589,000 purchase. Equity gained on principal adds $3,801/yr, and 5% annual appreciation supports $162,730 over five years. Five-year ROI reaches 110.32% and total cumulative return in cash sums $213,782. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,864/mo property income instead of your personal income.
Townhouse
Built in 2018
2,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21076, Hanover, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,788 (100%) |
| Owner Occupied HU | 6,672 (61.8%) |
| Renter Occupied HU | 3,466 (32.1%) |
| Vacant Housing Units | 650 ( 6.0%) |
| Median Home Value | $519,950 |
| Average Home Value | $540,082 |
Housing Distribution
Address Breakdown
Residential
10,958
Single Family
8,300
Multi-Family
2,658
Businesses
1,127
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