29 Brandywine DrOcean 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
Rental property for sale in Ocean Pines at 29 Brandywine Dr, Ocean Pines, MD, 21811 priced at $419,900 converts $2,460/mo rent into after a $2,055/mo obligation. Total monthly income equals $2,460/mo. Return on cash invested prints 18.6% in year one, and rental yield reads 7.03% against a $419,900 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation compiles into $116,011 by year five. Five-year ROI reaches 95.88% and total cumulative return in cash sums $133,464. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,460/mo property income covering a $2,055/mo payment, not borrower’s personal income.
Single Family
Built in 1990
0.26 Acres 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: Spike Sands • Berkshire Hathaway HomeServices PenFed Realty - OP
Mls Name: Bright MLS
Mls ID: #MDWO2035606