27 Hatteras StOcean PinesMD21811
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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 Ocean Pines at 27 Hatteras St, Ocean Pines, MD, 21811 listed at $318,000 pairs $2,690/mo rent with a $1,556/mo payment to leave $713/mo cash flow. Total monthly income runs $2,690/mo, and annual cash flow reaches $8,552/yr on $105,417 cash to close. Return on cash invested measures 28.02% in year one, and rental yield registers 10.15% at a $318,000 basis. Equity gained on principal adds $2,052/yr, and annual property appreciation at 5% supports $87,858 by year five. Five-year ROI tracks 146.39% and total cumulative return in cash totals $154,319. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,690/mo property income relative to a $1,556/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2003
3,080 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21811, Berlin, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,557 (100%) |
| Owner Occupied HU | 8,949 (54.0%) |
| Renter Occupied HU | 2,329 (14.1%) |
| Vacant Housing Units | 5,279 (31.9%) |
| Median Home Value | $402,871 |
| Average Home Value | $482,648 |
Housing Distribution
Address Breakdown
Residential
13,440
Single Family
11,760
Multi-Family
1,680
Businesses
837
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Listed by: Debbie Bennington • Berkshire Hathaway HomeServices PenFed Realty - OP
Mls Name: Bright MLS
Mls ID: #MDWO2033188