276 Shakespeare DrSeverna ParkMD21146
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 276 Shakespeare Dr, Severna Park, MD, 21146 in Severna Park at $624,900 earns $4,075/mo in rent and nets $157/mo after the $2,810/mo payment, a 7.83% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $172,648 over five years. Ziffy Mortgage underwrites this on a 1.45 DSCR without U.S. credit history. With $5,755/yr in principal paydown, total projected return reaches $249,145.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 6.0% |
| Monthly Cash Flow | $157 | $400 |
City averages based on Severna Park market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,075 |
| Total Monthly Debt Service | $3,638 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1985
7,688 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21146, Severna Park, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,171 (100%) |
| Owner Occupied HU | 8,817 (86.7%) |
| Renter Occupied HU | 991 ( 9.7%) |
| Vacant Housing Units | 363 ( 3.6%) |
| Median Home Value | $688,893 |
| Average Home Value | $783,624 |
Housing Distribution
Address Breakdown
Residential
10,158
Single Family
9,749
Multi-Family
409
Businesses
916
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
Single Family
Built in 1985
7,688 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21146, Severna Park, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,171 (100%) |
| Owner Occupied HU | 8,817 (86.7%) |
| Renter Occupied HU | 991 ( 9.7%) |
| Vacant Housing Units | 363 ( 3.6%) |
| Median Home Value | $688,893 |
| Average Home Value | $783,624 |
Housing Distribution
Address Breakdown
Residential
10,158
Single Family
9,749
Multi-Family
409
Businesses
916
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Bright MLS
Mls ID: #MDAA2140208