304 S Parke StAberdeenMD21001
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 304 S Parke St, Aberdeen, MD, 21001 in Aberdeen is straightforward: $314,000 in, $2,188/mo in rent, $235/mo out after debt service. The 8.36% gross yield and 1.55 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $86,752 by year five. With $2,892/yr in principal equity, the total cumulative return is projected at $134,237.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.5% |
| Monthly Cash Flow | $235 | $320 |
City averages based on Aberdeen market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,188 |
| Total Monthly Debt Service | $1,828 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1960
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21001, Aberdeen, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,886 (100%) |
| Owner Occupied HU | 7,482 (58.1%) |
| Renter Occupied HU | 4,468 (34.7%) |
| Vacant Housing Units | 936 ( 7.3%) |
| Median Home Value | $348,584 |
| Average Home Value | $420,044 |
Housing Distribution
Address Breakdown
Residential
11,341
Single Family
9,363
Multi-Family
1,978
Businesses
697
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 1960
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21001, Aberdeen, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,886 (100%) |
| Owner Occupied HU | 7,482 (58.1%) |
| Renter Occupied HU | 4,468 (34.7%) |
| Vacant Housing Units | 936 ( 7.3%) |
| Median Home Value | $348,584 |
| Average Home Value | $420,044 |
Housing Distribution
Address Breakdown
Residential
11,341
Single Family
9,363
Multi-Family
1,978
Businesses
697
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices