








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Elkton at 29 River Mist Dr, Elkton, MD, 21921 priced at $649,999 converts $3,960/mo rent into after a $3,181/mo obligation. Total monthly income equals $3,960/mo. Return on cash invested prints 19.6% in year one, and rental yield reads 7.31% against a $649,999 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation compiles into $179,583 by year five. Five-year ROI reaches 101.19% and total cumulative return in cash sums $216,385. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,960/mo property income covering a $3,181/mo payment, not borrower’s personal income.
Single Family
Built in 1997
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 21921, Elkton, MD area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,232 (100%) |
| Owner Occupied HU | 12,221 (63.5%) |
| Renter Occupied HU | 5,679 (29.5%) |
| Vacant Housing Units | 1,332 ( 6.9%) |
| Median Home Value | $352,617 |
| Average Home Value | $392,461 |
Residential
17,982
Single Family
17,763
Multi-Family
219
Businesses
995
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Sierra Webster • Patterson-Schwartz-Newark
Mls Name: Bright MLS
Mls ID: #MDCC2019080