3310 Solomons Island RdHuntingtownMD20639
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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
Investment property for sale in Huntingtown at 3310 Solomons Island Rd, Huntingtown, MD, 20639 uses $96,102 cash to close to unlock $2,999/yr annual cash flow and $250/mo monthly cash flow. Total monthly income runs $2,053/mo, and a $1,419/mo payment keeps the spread at $250/mo. Purchase price stands at $289,900, and rental yield measures 8.5% with $2,053/mo rent. Return on cash invested shows 23.03% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 119.61% and total cumulative return in cash records $114,945. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,053/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1969
1.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20639, Huntingtown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,520 (100%) |
| Owner Occupied HU | 4,890 (88.6%) |
| Renter Occupied HU | 386 ( 7.0%) |
| Vacant Housing Units | 244 ( 4.4%) |
| Median Home Value | $556,011 |
| Average Home Value | $577,138 |
Housing Distribution
Address Breakdown
Residential
5,177
Single Family
5,177
Multi-Family
0
Businesses
210
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Listed by: Jackie Randell • CENTURY 21 New Millennium
Mls Name: Bright MLS
Mls ID: #MDCA2022756