311 Sunrise CtHavre De GraceMD21078
Nearby investment properties with comparable rents
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 Havre De Grace at 311 Sunrise Ct, Havre De Grace, MD, 21078 priced at $599,000 converts $3,972/mo rent into $246/mo cash flow after a $2,932/mo obligation. Total monthly income equals $3,972/mo, and annual cash flow totals $2,956/yr on $197,071 invested. Return on cash invested prints 21.56% in year one, and rental yield reads 7.96% against a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation compiles into $165,493 by year five. Five-year ROI reaches 111.72% and total cumulative return in cash sums $220,162. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,972/mo property income covering a $2,932/mo payment, not borrower’s personal income.
Single Family
Built in 2018
7,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21078, Havre De Grace, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,099 (100%) |
| Owner Occupied HU | 6,294 (69.2%) |
| Renter Occupied HU | 2,219 (24.4%) |
| Vacant Housing Units | 586 ( 6.4%) |
| Median Home Value | $445,721 |
| Average Home Value | $488,694 |
Housing Distribution
Address Breakdown
Residential
8,782
Single Family
8,082
Multi-Family
700
Businesses
591
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Juna Korreta • Monument Sotheby's International Realty
Mls Name: Bright MLS
Mls ID: #MDHR2049004