29764 Paddock 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
Rental property for sale in Easton at 29764 Paddock Ln, Easton, MD, 21601 generates $4,908/mo in rent, after a $5,220/mo payment. Total monthly income is $4,908/mo. Return on cash invested sits at 14.38% in year one, and rental yield is 5.52% on a $1,066,600 entry. Equity gained on principal adds $6,883/yr, while 5% annual appreciation builds toward $294,682 over five years. Five-year ROI reaches 73.13% and total cumulative return in cash sums $252,729. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,908/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
3.62 Acres 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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