3728 E Chesapeake Beach RdChesapeake BeachMD20732
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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
Rental property for sale in Chesapeake Beach at 3728 E Chesapeake Beach Rd, Chesapeake Beach, MD, 20732 priced at $279,000 converts $1,860/mo rent into $124/mo cash flow after a $1,366/mo obligation. Total monthly income equals $1,860/mo, and annual cash flow totals $1,492/yr on $92,489 invested. Return on cash invested prints 21.52% in year one, and rental yield reads 8% against a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation compiles into $77,083 by year five. Five-year ROI reaches 111.55% and total cumulative return in cash sums $103,171. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,860/mo property income covering a $1,366/mo payment, not borrower’s personal income.
Single Family
Built in 1940
3,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20732, Chesapeake Beach, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,900 (100%) |
| Owner Occupied HU | 3,771 (77.0%) |
| Renter Occupied HU | 758 (15.5%) |
| Vacant Housing Units | 371 ( 7.6%) |
| Median Home Value | $469,540 |
| Average Home Value | $501,391 |
Housing Distribution
Address Breakdown
Residential
3,964
Single Family
3,899
Multi-Family
65
Businesses
137
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Listed by: Chrystal Dove • CENTURY 21 New Millennium
Mls Name: Bright MLS
Mls ID: #MDCA2024094