351 Wilson RdGrasonvilleMD21638
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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 Grasonville at 351 Wilson Rd, Grasonville, MD, 21638 priced at $274,900 pairs $2,693/mo rent with $984/mo cash flow after a $1,346/mo payment. Total monthly income equals $2,693/mo, and annual cash flow comes to $11,805/yr on $91,129 invested. Return on cash invested is 32.86% in year one, and rental yield stands at 11.76% on a $274,900 basis. Equity gained on principal adds $1,774/yr, and 5% annual appreciation accumulates to $75,950 by year five. Five-year ROI measures 172.35% and total cumulative return in cash reaches $157,059. For financing, Ziffy Mortgage’s DSCR program evaluates $2,693/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21638, Grasonville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,357 (100%) |
| Owner Occupied HU | 1,698 (72.0%) |
| Renter Occupied HU | 394 (16.7%) |
| Vacant Housing Units | 265 (11.2%) |
| Median Home Value | $519,724 |
| Average Home Value | $610,355 |
Housing Distribution
Address Breakdown
Residential
2,241
Single Family
2,110
Multi-Family
131
Businesses
180
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Listed by: Kedrick King • Realty ONE Group Excellence
Mls Name: Bright MLS
Mls ID: #MDQA2014708