32102 Old Ocean City Rd, Parsonsburg, MD, 21849 | 5.34% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,735/mo, and a $1,909/mo payment. Purchase price stands at $390,000, and rental yield measures 5.34% with $1,735/mo rent. Return on cash invested shows 13.5% in year one, and 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 68.53% and total cumulative return in cash records $88,604. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,735/mo property income covering a $1,909/mo payment rather than investor’s personal income.

Single Family

Built in 1932

1.80 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 21849, Parsonsburg, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,340 (100%)
Owner Occupied HU	1,033 (77.1%)
Renter Occupied HU	234 (17.5%)
Vacant Housing Units	73 ( 5.4%)
Median Home Value	$303,589
Average Home Value	$361,859