3710 5th StNorth BeachMD20714
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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 North Beach at 3710 5th St, North Beach, MD, 20714 uses $125,937 cash to close to unlock $5,000/yr annual cash flow and $417/mo monthly cash flow. Total monthly income runs $2,779/mo, and a $1,859/mo payment keeps the spread at $417/mo. Purchase price stands at $379,900, and rental yield measures 8.78% with $2,779/mo rent. Return on cash invested shows 23.88% in year one, and 5% annual appreciation builds toward $104,959 over five years. Five-year ROI reaches 124.17% and total cumulative return in cash records $156,377. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,779/mo property income covering a $1,859/mo payment rather than investor’s personal income.
Single Family
Built in 1989
5,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20714, North Beach, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,951 (100%) |
| Owner Occupied HU | 1,169 (59.9%) |
| Renter Occupied HU | 511 (26.2%) |
| Vacant Housing Units | 271 (13.9%) |
| Median Home Value | $425,709 |
| Average Home Value | $503,644 |
Housing Distribution
Address Breakdown
Residential
1,519
Single Family
1,290
Multi-Family
229
Businesses
125
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Listed by: Laura Peruzzi • RE/MAX One
Mls Name: Bright MLS
Mls ID: #MDCA2024602