314 Walnut StWesternportMD21562
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
Investment property for sale in Westernport at 314 Walnut St, Westernport, MD, 21562 offers a 9.3% rental yield on a $109,000 purchase with $845/mo rent. Total monthly income registers $845/mo, and a $534/mo payment leaves $167/mo available for distribution. Annual cash flow reaches $1,999/yr on $36,134 to close, and return on cash invested stands at 25.44% in year one. Equity gained on principal adds $703/yr while 5% annual appreciation supports $30,115 over five years. Portfolio math shows five-year ROI at 132.63% and total cumulative return in cash at $47,926. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $845/mo property income against a $534/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
5,832 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21562, Westernport, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,361 (100%) |
| Owner Occupied HU | 869 (63.9%) |
| Renter Occupied HU | 260 (19.1%) |
| Vacant Housing Units | 232 (17.0%) |
| Median Home Value | $108,269 |
| Average Home Value | $234,272 |
Housing Distribution
Address Breakdown
Residential
1,205
Single Family
1,135
Multi-Family
70
Businesses
75
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Listed by: Sharon Murray • Coldwell Banker Home Town Realty
Mls Name: Bright MLS
Mls ID: #MDAL2013218