2825 Karen DrChesapeake BeachMD20732
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
Investment Highlights
Investment property for sale in Chesapeake Beach at 2825 Karen Dr, Chesapeake Beach, MD, 20732 uses $148,512 cash to close to unlock $6,185/yr annual cash flow and $515/mo monthly cash flow. Total monthly income runs $3,302/mo, and a $2,193/mo payment keeps the spread at $515/mo. Purchase price stands at $448,000, and rental yield measures 8.84% with $3,302/mo rent. Return on cash invested shows 24.07% in year one, and 5% annual appreciation builds toward $123,774 over five years. Five-year ROI reaches 125.23% and total cumulative return in cash records $185,978. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,302/mo property income covering a $2,193/mo payment rather than investor’s personal income.
Single Family
Built in 1986
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20732, Chesapeake Beach, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,900 (100%) |
| Owner Occupied HU | 3,771 (77.0%) |
| Renter Occupied HU | 758 (15.5%) |
| Vacant Housing Units | 371 ( 7.6%) |
| Median Home Value | $469,540 |
| Average Home Value | $501,391 |
Housing Distribution
Address Breakdown
Residential
3,964
Single Family
3,899
Multi-Family
65
Businesses
137
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Danielle Wilson • JPAR Real Estate Professionals
Mls Name: Bright MLS
Mls ID: #MDCA2024172