3088 Fenwick DrFinksburgMD21048
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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 Finksburg at 3088 Fenwick Dr, Finksburg, MD, 21048 uses $276,327 cash to close to unlock $9,962/yr annual cash flow and $830/mo monthly cash flow. Total monthly income runs $6,054/mo, and a $4,111/mo payment keeps the spread at $830/mo. Purchase price stands at $839,900, and rental yield measures 8.65% with $6,054/mo rent. Return on cash invested shows 23.67% in year one, and 5% annual appreciation builds toward $232,049 over five years. Five-year ROI reaches 123% and total cumulative return in cash records $339,883. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,054/mo property income covering a $4,111/mo payment rather than investor’s personal income.
Single Family
Built in 1998
2.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21048, Finksburg, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,204 (100%) |
| Owner Occupied HU | 3,739 (88.9%) |
| Renter Occupied HU | 321 ( 7.6%) |
| Vacant Housing Units | 144 ( 3.4%) |
| Median Home Value | $510,683 |
| Average Home Value | $563,145 |
Housing Distribution
Address Breakdown
Residential
4,091
Single Family
4,084
Multi-Family
7
Businesses
312
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