300 Normas WayMc HenryMD21541
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
Rental property for sale in Mc Henry at 300 Normas Way, Mc Henry, MD, 21541 offers $2,447/mo rent that, after a $2,393/mo payment. Total monthly income is $2,447/mo. Return on cash invested measures 15.51% in year one, and rental yield stands at 6% at a $489,000 entry. Equity gained on principal adds $3,155/yr while 5% annual appreciation compounds into $135,102 by year five. Five-year ROI records 79.33% and total cumulative return in cash reaches $128,590. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,447/mo property income versus a $2,393/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21541, Mc Henry, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,233 (100%) |
| Owner Occupied HU | 512 (22.9%) |
| Renter Occupied HU | 156 ( 7.0%) |
| Vacant Housing Units | 1,565 (70.1%) |
| Median Home Value | $354,286 |
| Average Home Value | $425,522 |
Housing Distribution
Address Breakdown
Residential
768
Single Family
619
Multi-Family
149
Businesses
210
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices