29487 Hemlock LnEastonMD21601
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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
Investment property for sale in Easton at 29487 Hemlock Ln, Easton, MD, 21601 offers a 10.61% rental yield on a $350,000 purchase with $3,094/mo rent. Total monthly income registers $3,094/mo, and a $1,713/mo payment leaves $917/mo available for distribution. Annual cash flow reaches $11,007/yr on $116,025 to close, and return on cash invested stands at 29.4% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 153.76% and total cumulative return in cash at $178,406. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,094/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
10,775 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21601, Easton, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,707 (100%) |
| Owner Occupied HU | 7,099 (60.6%) |
| Renter Occupied HU | 3,342 (28.5%) |
| Vacant Housing Units | 1,266 (10.8%) |
| Median Home Value | $394,875 |
| Average Home Value | $542,766 |
Housing Distribution
Address Breakdown
Residential
11,219
Single Family
10,369
Multi-Family
850
Businesses
1,824
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