305 Choptank AveEastonMD21601
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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
Investment Highlights
Rental property for sale in Easton at 305 Choptank Ave, Easton, MD, 21601 priced at $384,990 pairs $2,791/mo rent with $397/mo cash flow after a $1,884/mo payment. Total monthly income equals $2,791/mo, and annual cash flow comes to $4,763/yr on $127,624 invested. Return on cash invested is 23.64% in year one, and rental yield stands at 8.7% on a $384,990 basis. Equity gained on principal adds $2,484/yr, and 5% annual appreciation accumulates to $106,366 by year five. Five-year ROI measures 122.89% and total cumulative return in cash reaches $156,835. For financing, Ziffy Mortgage’s DSCR program evaluates $2,791/mo property income against a $1,884/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1984
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21601, Easton, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,707 (100%) |
| Owner Occupied HU | 7,099 (60.6%) |
| Renter Occupied HU | 3,342 (28.5%) |
| Vacant Housing Units | 1,266 (10.8%) |
| Median Home Value | $394,875 |
| Average Home Value | $542,766 |
Housing Distribution
Address Breakdown
Residential
11,219
Single Family
10,369
Multi-Family
850
Businesses
1,824
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