311 Reliance AveFederalsburgMD21632
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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 311 Reliance Ave, Federalsburg, MD, 21632 uses $65,637 cash to close to unlock $3,248/yr annual cash flow and $271/mo monthly cash flow. Total monthly income runs $1,502/mo, and a $969/mo payment keeps the spread at $271/mo. Purchase price stands at $198,000, and rental yield measures 9.1% with $1,502/mo rent. Return on cash invested shows 24.86% in year one, and 5% annual appreciation builds toward $54,704 over five years. Five-year ROI reaches 129.45% and total cumulative return in cash records $84,964. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,502/mo property income covering a $969/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.58 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: Juliet Wells • Coldwell Banker Chesapeake Real Estate Company
Mls Name: Bright MLS
Mls ID: #MDCM2006372