328 N Washington StEastonMD21601
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 Easton at 328 N Washington St, Easton, MD, 21601 uses $138,899 cash to close to unlock $3,010/yr annual cash flow and $251/mo monthly cash flow. Total monthly income runs $2,857/mo, and a $2,051/mo payment keeps the spread at $251/mo. Purchase price stands at $419,000, and rental yield measures 8.18% with $2,857/mo rent. Return on cash invested shows 22.08% in year one, and 5% annual appreciation builds toward $115,762 over five years. Five-year ROI reaches 114.49% and total cumulative return in cash records $159,029. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,857/mo property income covering a $2,051/mo payment rather than investor’s personal income.
Single Family
Built in 2012
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21601, Easton, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,707 (100%) |
| Owner Occupied HU | 7,099 (60.6%) |
| Renter Occupied HU | 3,342 (28.5%) |
| Vacant Housing Units | 1,266 (10.8%) |
| Median Home Value | $394,875 |
| Average Home Value | $542,766 |
Housing Distribution
Address Breakdown
Residential
11,219
Single Family
10,369
Multi-Family
850
Businesses
1,824
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices