304 S 1st StDentonMD21629
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play304 S 1st St, Denton, MD, 21629 in Denton is priced for appreciation, not yield. Rental yield 4.98%. At $539,900 with a 4.98% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $149,164 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.92) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $128,197.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5% | 5.8% |
| Monthly Cash Flow | $(1,196) | $750 |
City averages based on Denton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,243 |
| Total Monthly Debt Service | $3,224 |
| DSCR Ratio | 0.70x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1940
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21629, Denton, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,010 (100%) |
| Owner Occupied HU | 2,727 (68.0%) |
| Renter Occupied HU | 998 (24.9%) |
| Vacant Housing Units | 285 ( 7.1%) |
| Median Home Value | $332,088 |
| Average Home Value | $383,294 |
Housing Distribution
Address Breakdown
Residential
3,909
Single Family
3,801
Multi-Family
108
Businesses
488
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
Single Family
Built in 1940
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21629, Denton, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,010 (100%) |
| Owner Occupied HU | 2,727 (68.0%) |
| Renter Occupied HU | 998 (24.9%) |
| Vacant Housing Units | 285 ( 7.1%) |
| Median Home Value | $332,088 |
| Average Home Value | $383,294 |
Housing Distribution
Address Breakdown
Residential
3,909
Single Family
3,801
Multi-Family
108
Businesses
488
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices