306 S 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
Rental property for sale in Federalsburg at 306 S Main St, Federalsburg, MD, 21632 offers $1,811/mo rent that, after a $1,321/mo payment, leaves $132/mo cash flow. Total monthly income is $1,811/mo, and annual cash flow is $1,589/yr on $89,472 cash. Return on cash invested measures 21.68% in year one, and rental yield stands at 8.05% at a $269,900 entry. Equity gained on principal adds $1,742/yr while 5% annual appreciation compounds into $74,568 by year five. Five-year ROI records 112.43% and total cumulative return in cash reaches $100,590. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,811/mo property income versus a $1,321/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
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