304 Sunray CtHavre De GraceMD21009
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 304 Sunray Ct, Havre De Grace, MD, 21009 in Havre De Grace. At $339,900 it earns $2,497/mo in rent and distributes $306/mo to the owner after the $1,528/mo payment, a consistent 8.82% yield. DSCR 1.63 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $93,908 in value; $3,131/yr in principal paydown compounds ownership stake. Total projected return: $153,602.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.2% |
| Monthly Cash Flow | $306 | $800 |
City averages based on Havre De Grace market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,497 |
| Total Monthly Debt Service | $1,979 |
| DSCR Ratio | 1.26x |
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.
Townhouse
Built in 1992
2,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21009, Abingdon, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,887 (100%) |
| Owner Occupied HU | 9,709 (75.3%) |
| Renter Occupied HU | 2,775 (21.5%) |
| Vacant Housing Units | 403 ( 3.1%) |
| Median Home Value | $366,209 |
| Average Home Value | $410,408 |
Housing Distribution
Address Breakdown
Residential
12,480
Single Family
10,851
Multi-Family
1,629
Businesses
510
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
Townhouse
Built in 1992
2,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21009, Abingdon, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,887 (100%) |
| Owner Occupied HU | 9,709 (75.3%) |
| Renter Occupied HU | 2,775 (21.5%) |
| Vacant Housing Units | 403 ( 3.1%) |
| Median Home Value | $366,209 |
| Average Home Value | $410,408 |
Housing Distribution
Address Breakdown
Residential
12,480
Single Family
10,851
Multi-Family
1,629
Businesses
510
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Bright MLS
Mls ID: #MDHR2053112