3111 Highview RdChesapeake BeachMD20732
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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 Chesapeake Beach at 3111 Highview Rd, Chesapeake Beach, MD, 20732 uses $72,599 cash to close to unlock $3,718/yr annual cash flow and $310/mo monthly cash flow. Total monthly income runs $1,676/mo, and a $1,072/mo payment keeps the spread at $310/mo. Purchase price stands at $219,000, and rental yield measures 9.18% with $1,676/mo rent. Return on cash invested shows 25.03% in year one, and 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 130.36% and total cumulative return in cash records $94,641. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,676/mo property income covering a $1,072/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.25 Acres lot
$N/A/sqft
$4 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20732, Chesapeake Beach, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,900 (100%) |
| Owner Occupied HU | 3,771 (77.0%) |
| Renter Occupied HU | 758 (15.5%) |
| Vacant Housing Units | 371 ( 7.6%) |
| Median Home Value | $469,540 |
| Average Home Value | $501,391 |
Housing Distribution
Address Breakdown
Residential
3,964
Single Family
3,899
Multi-Family
65
Businesses
137
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