320 Perry Cabin DrSaint MichaelsMD21663
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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 Saint Michaels at 320 Perry Cabin Dr, Saint Michaels, MD, 21663 offers a 3.01% rental yield on a $1,150,000 purchase with $2,885/mo rent. 63% in year one. Equity gained on principal adds $7,421/yr while 5% annual appreciation supports $317,724 over five years. Portfolio math shows five-year ROI at 31.56% and total cumulative return in cash at $117,585. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,885/mo property income against a $5,629/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1988
2,590 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21663, Saint Michaels, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,116 (100%) |
| Owner Occupied HU | 1,125 (53.2%) |
| Renter Occupied HU | 394 (18.6%) |
| Vacant Housing Units | 597 (28.2%) |
| Median Home Value | $691,382 |
| Average Home Value | $890,696 |
Housing Distribution
Address Breakdown
Residential
1,549
Single Family
1,549
Multi-Family
0
Businesses
211
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Listed by: Mo McHugh • Chesapeake Bay Real Estate Plus, LLC
Mls Name: Bright MLS
Mls ID: #MDTA2011706