302 Oak Way RdSwantonMD21561
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 Swanton at 302 Oak Way Rd, Swanton, MD, 21561 priced at $829,000 pairs $3,612/mo rent with after a $4,058/mo payment. Total monthly income equals $3,612/mo. Return on cash invested is 13.27% in year one, and rental yield stands at 5.23% on a $829,000 basis. Equity gained on principal adds $5,349/yr, and 5% annual appreciation accumulates to $229,037 by year five. Five-year ROI measures 67.22% and total cumulative return in cash reaches $183,340. For financing, Ziffy Mortgage’s DSCR program evaluates $3,612/mo property income against a $4,058/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21561, Swanton, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,591 (100%) |
| Owner Occupied HU | 929 (35.9%) |
| Renter Occupied HU | 130 ( 5.0%) |
| Vacant Housing Units | 1,532 (59.1%) |
| Median Home Value | $373,952 |
| Average Home Value | $629,147 |
Housing Distribution
Address Breakdown
Residential
1,527
Single Family
1,527
Multi-Family
0
Businesses
30
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices