301 E Chestnut StDelmarMD21875
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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 Delmar at 301 E Chestnut St, Delmar, MD, 21875 offers a 10.27% rental yield on a $350,000 purchase with $2,994/mo rent. Total monthly income registers $2,994/mo, and a $1,713/mo payment leaves $817/mo available for distribution. Annual cash flow reaches $9,807/yr on $116,025 to close, and return on cash invested stands at 28.36% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 148.24% and total cumulative return in cash at $171,998. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,994/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1919
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21875, Delmar, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,151 (100%) |
| Owner Occupied HU | 2,055 (65.2%) |
| Renter Occupied HU | 916 (29.1%) |
| Vacant Housing Units | 180 ( 5.7%) |
| Median Home Value | $300,687 |
| Average Home Value | $312,591 |
Housing Distribution
Address Breakdown
Residential
3,066
Single Family
2,970
Multi-Family
96
Businesses
95
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