315 Overlea PlAbingdonMD21009
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 315 Overlea Pl, Abingdon, MD, 21009 in Abingdon at $274,900 earns $1,897/mo in rent and nets $109/mo after the $1,236/mo payment, a 8.28% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $75,950 over five years. Ziffy Mortgage underwrites this on a 1.53 DSCR without U.S. credit history. With $2,532/yr in principal paydown, total projected return reaches $116,334.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.2% |
| Monthly Cash Flow | $109 | $850 |
City averages based on Abingdon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,897 |
| Total Monthly Debt Service | $1,600 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1989
2,003 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21009, Abingdon, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,887 (100%) |
| Owner Occupied HU | 9,709 (75.3%) |
| Renter Occupied HU | 2,775 (21.5%) |
| Vacant Housing Units | 403 ( 3.1%) |
| Median Home Value | $366,209 |
| Average Home Value | $410,408 |
Housing Distribution
Address Breakdown
Residential
12,480
Single Family
10,851
Multi-Family
1,629
Businesses
510
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
Townhouse
Built in 1989
2,003 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21009, Abingdon, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,887 (100%) |
| Owner Occupied HU | 9,709 (75.3%) |
| Renter Occupied HU | 2,775 (21.5%) |
| Vacant Housing Units | 403 ( 3.1%) |
| Median Home Value | $366,209 |
| Average Home Value | $410,408 |
Housing Distribution
Address Breakdown
Residential
12,480
Single Family
10,851
Multi-Family
1,629
Businesses
510
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices