302 Rosin 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
Rental property for sale in Chestertown at 302 Rosin Dr, Chestertown, MD, 21620 offers $3,648/mo rent that, after a $2,809/mo payment, leaves $78/mo cash flow. Total monthly income is $3,648/mo, and annual cash flow is $941/yr on $188,846 cash. Return on cash invested measures 20.56% in year one, and rental yield stands at 7.63% at a $574,000 entry. Equity gained on principal adds $3,704/yr while 5% annual appreciation compounds into $158,586 by year five. Five-year ROI records 106.35% and total cumulative return in cash reaches $200,829. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,648/mo property income versus a $2,809/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.86 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: Lori Willis • Cross Street Realtors LLC
Mls Name: Bright MLS
Mls ID: #MDQA2015470