3307 Forge Hill RdStreetMD21154
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
Rental property for sale in Street at 3307 Forge Hill Rd, Street, MD, 21154 priced at $238,500 converts $1,620/mo rent into $122/mo cash flow after a $1,167/mo obligation. Total monthly income equals $1,620/mo, and annual cash flow totals $1,460/yr on $79,063 invested. Return on cash invested prints 21.76% in year one, and rental yield reads 8.15% against a $238,500 entry. Equity gained on principal adds $1,539/yr, while 5% annual appreciation compiles into $65,893 by year five. Five-year ROI reaches 112.88% and total cumulative return in cash sums $89,243. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,620/mo property income covering a $1,167/mo payment, not borrower’s personal income.
Single Family
Built in 1976
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21154, Street, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,468 (100%) |
| Owner Occupied HU | 2,071 (83.9%) |
| Renter Occupied HU | 248 (10.0%) |
| Vacant Housing Units | 149 ( 6.0%) |
| Median Home Value | $559,518 |
| Average Home Value | $562,809 |
Housing Distribution
Address Breakdown
Residential
2,318
Single Family
2,318
Multi-Family
0
Businesses
69
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Nearby investment properties with comparable prices
Listed by: Darren Mcshane • Cummings & Co. Realtors
Mls Name: Bright MLS
Mls Provider:
Mls ID: #MDHR2039348
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