3268 Main StManchesterMD21102
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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 Manchester at 3268 Main St, Manchester, MD, 21102 generates $2,430/mo in rent and, after a $1,855/mo payment, leaves $73/mo in cash flow. Total monthly income is $2,430/mo, and annual cash flow is $874/yr on $125,639 invested. Return on cash invested sits at 20.6% in year one, and rental yield is 7.69% on a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 106.6% and total cumulative return in cash sums $133,931. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,430/mo property income rather than buyer’s personal income.
Single Family
Built in 1872
5,659 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21102, Manchester, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,567 (100%) |
| Owner Occupied HU | 3,935 (86.2%) |
| Renter Occupied HU | 464 (10.2%) |
| Vacant Housing Units | 168 ( 3.7%) |
| Median Home Value | $437,756 |
| Average Home Value | $490,443 |
Housing Distribution
Address Breakdown
Residential
4,221
Single Family
4,221
Multi-Family
0
Businesses
186
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Listed by: Kelly Schuit • Kelly and Co Realty, LLC
Mls Name: Bright MLS
Mls ID: #MDCR2031814