3502 Lark Dr, Aberdeen, MD, 21001 | 7.18% Rental Yield

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3502 Lark Dr, Aberdeen, MD, 21001 | 7.18% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Aberdeen at 3502 Lark Dr, Aberdeen, MD, 21001 generates $2,394/mo in rent, after a $1,958/mo payment. Total monthly income is $2,394/mo. Return on cash invested sits at 19.06% in year one, and rental yield is 7.18% on a $399,999 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,512 over five years. Five-year ROI reaches 98.31% and total cumulative return in cash sums $130,359. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,394/mo property income rather than buyer’s personal income.

Single Family

Built in 1970

0.42 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 3502 Lark Drive, a beautifully remodeled 4-bedroom, 2-bathroom split-foyer home tucked away on a quiet street in Aberdeen. Set on a spacious corner lot, this home combines modern updates with comfort and convenience. The main level features luxury vinyl plank flooring throughout the bright and open living room, dining area, and kitchen. The kitchen is a true showstopper with sleek countertops, stainless steel appliances, white cabinets, and a subway tile backsplash. Down the hall, youll find a stylishly updated full bathroom with a tiled tub/shower surround and three bedrooms, all with brand-new carpeting. The lower level offers a large recreation room with a cozy fireplace, a second full bathroom, one additional bedroom, and a bonus room perfect for an office or additional storage. Step outside to the expansive rear deck, ideal for entertaining or relaxing while overlooking the large backyard. A storage shed, attached carport, and private driveway add to the homes practicality. Further upgrades include a brand-new HVAC system and all new windows. Situated in a peaceful neighborhood, on a corner lot, this home offers a quiet retreat while still being close to all that Aberdeen has to offer, including local shops, restaurants, and easy access to I-95, APG, and commuter routes. Move-in ready and fully updated, this home is a must-see!

Neighborhood Data

Neighborhood data shown for ZIP Code: 21001, Aberdeen, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,886 (100%)
Owner Occupied HU	7,482 (58.1%)
Renter Occupied HU	4,468 (34.7%)
Vacant Housing Units	936 ( 7.3%)
Median Home Value	$348,584
Average Home Value	$420,044