319 Red Lion Branch RdMillingtonMD21651
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 Millington at 319 Red Lion Branch Rd, Millington, MD, 21651 at $315,000 posts ROI 30.26% with $901/mo cash flow from $2,860/mo rent. Total monthly income equals $2,860/mo, and annual cash flow records $10,807/yr on $104,423 to close. Return on cash invested measures 30.26% and rental yield reads 10.9% at the current $315,000. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 by year five. Five-year ROI prints 158.4% and total cumulative return in cash totals $165,401.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,860/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
1.28 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: Barbara Wallace • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #MDQA2015902