29850 Eldorado Farm DrMechanicsvilleMD20659
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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 Mechanicsville at 29850 Eldorado Farm Dr, Mechanicsville, MD, 20659 listed at $715,000 pairs $2,044/mo rent with a $3,500/mo payment. Total monthly income runs $2,044/mo. Return on cash invested measures 7.8% in year one, and rental yield registers 3.43% at a $715,000 basis. Equity gained on principal adds $4,614/yr, and annual property appreciation at 5% supports $197,541 by year five. Five-year ROI tracks 37.92% and total cumulative return in cash totals $89,205. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,044/mo property income relative to a $3,500/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
1.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20659, Mechanicsville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,777 (100%) |
| Owner Occupied HU | 7,403 (84.3%) |
| Renter Occupied HU | 990 (11.3%) |
| Vacant Housing Units | 384 ( 4.4%) |
| Median Home Value | $439,667 |
| Average Home Value | $481,639 |
Housing Distribution
Address Breakdown
Residential
8,461
Single Family
8,460
Multi-Family
1
Businesses
328
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Listed by: Charnise Calhoun Carter • Realty One Group Performance, LLC
Mls Name: Bright MLS
Mls ID: #MDSM2027912