29728 Sullivan DrEastonMD21601
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Easton rentals match the income profile of 29728 Sullivan Dr, Easton, MD, 21601. Listed at $400,000, gross rent is $3,882/mo and net cash flow is $1,394/mo, a 11.65% yield well above national averages. DSCR 2.16 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $110,513 by year five with $3,684/yr in annual principal reduction, projecting $241,414 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 6.0% |
| Monthly Cash Flow | $1,394 | $400 |
City averages based on Easton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,882 |
| Total Monthly Debt Service | $2,329 |
| DSCR Ratio | 1.67x |
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 2004
10,117 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
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 2004
10,117 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices