31667 W Edge RdMillingtonMD21651
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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
Total monthly income runs $2,754/mo, and a $2,754/mo payment. Purchase price stands at $562,600, and rental yield measures 5.87% with $2,754/mo rent. Return on cash invested shows 15.23% in year one, and 5% annual appreciation builds toward $155,436 over five years. Five-year ROI reaches 77.74% and total cumulative return in cash records $143,898. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,754/mo property income covering a $2,754/mo payment rather than investor’s personal income.
Single Family
Built in 2006
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21651, Millington, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,219 (100%) |
| Owner Occupied HU | 873 (71.6%) |
| Renter Occupied HU | 245 (20.1%) |
| Vacant Housing Units | 101 ( 8.3%) |
| Median Home Value | $271,934 |
| Average Home Value | $396,357 |
Housing Distribution
Address Breakdown
Residential
975
Single Family
975
Multi-Family
0
Businesses
52
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Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A