32855 Willomet CtParsonsburgMD21849
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 Parsonsburg at 32855 Willomet Ct, Parsonsburg, MD, 21849 uses $97,759 cash to close to unlock $2,859/yr annual cash flow and $238/mo monthly cash flow. Total monthly income runs $2,072/mo, and a $1,443/mo payment keeps the spread at $238/mo. Purchase price stands at $294,900, and rental yield measures 8.43% with $2,072/mo rent. Return on cash invested shows 22.83% in year one, and 5% annual appreciation builds toward $81,475 over five years. Five-year ROI reaches 118.61% and total cumulative return in cash records $115,951. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,072/mo property income covering a $1,443/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.51 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 |
Housing Distribution
Address Breakdown
Residential
1,304
Single Family
1,304
Multi-Family
0
Businesses
50
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elaine Gordy • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #MDWC2019470