3024 Tarpon Rd, Riva, MD, 21140 | $162/mo Cash Flow

For Sale

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Riva at 3024 Tarpon Rd, Riva, MD, 21140 priced at $539,900 pairs $3,520/mo rent with $162/mo cash flow after a $2,643/mo payment. Total monthly income equals $3,520/mo, and annual cash flow comes to $1,940/yr on $177,627 invested. Return on cash invested is 21.15% in year one, and rental yield stands at 7.82% on a $539,900 basis. Equity gained on principal adds $3,484/yr, and 5% annual appreciation accumulates to $149,164 by year five. Five-year ROI measures 109.52% and total cumulative return in cash reaches $194,539. For financing, Ziffy Mortgage’s DSCR program evaluates $3,520/mo property income against a $2,643/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1972

0.30 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 21140, Riva, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,272 (100%)
Owner Occupied HU	1,089 (85.6%)
Renter Occupied HU	127 ( 10.0%)
Vacant Housing Units	56 ( 4.4%)
Median Home Value	$661,299
Average Home Value	$765,080