3215 Homewood RdDavidsonvilleMD21035
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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
Rental property for sale in Davidsonville at 3215 Homewood Rd, Davidsonville, MD, 21035 generates $4,886/mo in rent, after a $4,890/mo payment. Total monthly income is $4,886/mo. Return on cash invested sits at 15.21% in year one, and rental yield is 5.87% on a $999,000 entry. Equity gained on principal adds $6,446/yr, while 5% annual appreciation builds toward $276,005 over five years. Five-year ROI reaches 77.67% and total cumulative return in cash sums $255,278. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,886/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21035, Davidsonville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,052 (100%) |
| Owner Occupied HU | 2,762 (90.5%) |
| Renter Occupied HU | 183 ( 6.0%) |
| Vacant Housing Units | 107 ( 3.5%) |
| Median Home Value | $837,416 |
| Average Home Value | $857,209 |
Housing Distribution
Address Breakdown
Residential
2,842
Single Family
2,842
Multi-Family
0
Businesses
155
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Listed by: Melissa Chick • Engel & Volkers Annapolis
Mls Name: Bright MLS
Mls ID: #MDAA2132330