308 Oak StCentrevilleMD21617
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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
Investment Highlights
Rental property for sale in Centreville at 308 Oak St, Centreville, MD, 21617 offers $2,933/mo rent that, after a $1,957/mo payment, leaves $446/mo cash flow. Total monthly income is $2,933/mo, and annual cash flow is $5,354/yr on $132,567 cash. Return on cash invested measures 23.95% in year one, and rental yield stands at 8.8% at a $399,900 entry. Equity gained on principal adds $2,580/yr while 5% annual appreciation compounds into $110,485 by year five. Five-year ROI records 124.57% and total cumulative return in cash reaches $165,140. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,933/mo property income versus a $1,957/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
10,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21617, Centreville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,368 (100%) |
| Owner Occupied HU | 3,356 (76.8%) |
| Renter Occupied HU | 700 (16.0%) |
| Vacant Housing Units | 312 ( 7.1%) |
| Median Home Value | $481,958 |
| Average Home Value | $533,517 |
Housing Distribution
Address Breakdown
Residential
4,292
Single Family
4,235
Multi-Family
57
Businesses
424
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Listed by: Kaitlyn Collins • Benson & Mangold, LLC
Mls Name: Bright MLS
Mls ID: #MDQA2014302