35390 Wango RdPittsvilleMD21850
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 Pittsville at 35390 Wango Rd, Pittsville, MD, 21850 offers a 11.07% rental yield on a $195,000 purchase with $1,799/mo rent. Total monthly income registers $1,799/mo, and a $954/mo payment leaves $587/mo available for distribution. Annual cash flow reaches $7,039/yr on $64,643 to close, and return on cash invested stands at 30.8% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 161.3% and total cumulative return in cash at $104,266. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,799/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1922
1.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21850, Pittsville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,345 (100%) |
| Owner Occupied HU | 962 (71.5%) |
| Renter Occupied HU | 263 (19.6%) |
| Vacant Housing Units | 120 ( 8.9%) |
| Median Home Value | $247,509 |
| Average Home Value | $315,133 |
Housing Distribution
Address Breakdown
Residential
1,328
Single Family
1,328
Multi-Family
0
Businesses
72
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Donna Harrington • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #MDWC2020420