272 Hickory Ridge DrQueenstownMD21658
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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
Rental property for sale in Queenstown at 272 Hickory Ridge Dr, Queenstown, MD, 21658 priced at $590,000 converts $2,878/mo rent into after a $2,888/mo obligation. Total monthly income equals $2,878/mo. Return on cash invested prints 15.17% in year one, and rental yield reads 5.85% against a $590,000 entry. Equity gained on principal adds $3,807/yr, while 5% annual appreciation compiles into $163,006 by year five. Five-year ROI reaches 77.43% and total cumulative return in cash sums $150,304. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,878/mo property income covering a $2,888/mo payment, not borrower’s personal income.
Single Family
Built in 1984
1.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21658, Queenstown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,761 (100%) |
| Owner Occupied HU | 1,351 (76.7%) |
| Renter Occupied HU | 178 (10.1%) |
| Vacant Housing Units | 232 (13.2%) |
| Median Home Value | $587,529 |
| Average Home Value | $690,222 |
Housing Distribution
Address Breakdown
Residential
1,706
Single Family
1,672
Multi-Family
34
Businesses
206
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