356 Cypress StMillingtonMD21651
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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 Millington at 356 Cypress St, Millington, MD, 21651 with 5% annual appreciation on a $270,000 basis while $2,028/mo rent supports operations. Total monthly income totals $2,028/mo and a $1,322/mo payment preserves $348/mo for cash returns. Annual cash flow comes to $4,179/yr on $89,505 deployed, and return on cash invested reaches 24.58% in year one. Equity gained on principal adds $1,742/yr, and five-year appreciation sums $74,596 alongside rental yield of 9.01%. Five-year ROI measures 127.94% and total cumulative return in cash totals $114,517.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,028/mo property income versus a $1,322/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21651, Millington, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,219 (100%) |
| Owner Occupied HU | 873 (71.6%) |
| Renter Occupied HU | 245 (20.1%) |
| Vacant Housing Units | 101 ( 8.3%) |
| Median Home Value | $271,934 |
| Average Home Value | $396,357 |
Housing Distribution
Address Breakdown
Residential
975
Single Family
975
Multi-Family
0
Businesses
52
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Listed by: Billy Sutton • Coldwell Banker Chesapeake Real Estate Company
Mls Name: Bright MLS
Mls ID: #MDKE2005972