300 Merganser DrChestertownMD21620
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
Investment Highlights
Investment property for sale in Chestertown at 300 Merganser Dr, Chestertown, MD, 21620 offers a 9.49% rental yield on a $100,000 purchase with $791/mo rent. Total monthly income registers $791/mo, and a $489/mo payment leaves $170/mo available for distribution. Annual cash flow reaches $2,034/yr on $33,150 to close, and return on cash invested stands at 26.04% in year one. Equity gained on principal adds $645/yr while 5% annual appreciation supports $27,628 over five years. Portfolio math shows five-year ROI at 135.87% and total cumulative return in cash at $45,040. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $791/mo property income against a $489/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21620, Chestertown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,256 (100%) |
| Owner Occupied HU | 3,591 (57.4%) |
| Renter Occupied HU | 1,696 (27.1%) |
| Vacant Housing Units | 969 (15.5%) |
| Median Home Value | $373,354 |
| Average Home Value | $477,344 |
Housing Distribution
Address Breakdown
Residential
5,889
Single Family
5,427
Multi-Family
462
Businesses
634
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A