306 N Main StFederalsburgMD21632
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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
Investment property for sale in Federalsburg at 306 N Main St, Federalsburg, MD, 21632 uses $99,417 cash to close to unlock $2,252/yr annual cash flow and $188/mo monthly cash flow. Total monthly income runs $2,053/mo, and a $1,468/mo payment keeps the spread at $188/mo. Purchase price stands at $299,900, and rental yield measures 8.21% with $2,053/mo rent. Return on cash invested shows 22.17% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 115.04% and total cumulative return in cash records $114,364. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,053/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1908
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21632, Federalsburg, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,793 (100%) |
| Owner Occupied HU | 1,620 (58.0%) |
| Renter Occupied HU | 931 (33.3%) |
| Vacant Housing Units | 242 ( 8.7%) |
| Median Home Value | $229,703 |
| Average Home Value | $301,225 |
Housing Distribution
Address Breakdown
Residential
2,693
Single Family
2,586
Multi-Family
107
Businesses
215
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Listed by: Mary Mabry • Keller Williams Select Realtors of Cambridge
Mls Name: Bright MLS
Mls ID: #MDCM2006340