313 Red Head Way UNIT 66Havre De GraceMD21078
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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 Havre De Grace at 313 Red Head Way UNIT 66, Havre De Grace, MD, 21078 offers a 6.57% rental yield on a $519,500 purchase with $2,843/mo rent. 33% in year one. Equity gained on principal adds $3,352/yr while 5% annual appreciation supports $143,528 over five years. Portfolio math shows five-year ROI at 89.04% and total cumulative return in cash at $152,182. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,843/mo property income against a $2,543/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2000
N/A 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
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Listed by: Chris Albrick • Samson Properties
Mls Name: Bright MLS
Mls ID: #MDHR2050562