38 Parkside South CtMchenryMD21541
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 Mchenry at 38 Parkside South Ct, Mchenry, MD, 21541 earns from $4,612/mo rent with a $7,777/mo payment. Total monthly income totals $4,612/mo. ROI tracks 8.09% on current figures, and rental yield reads 3.48% at a $1,589,000 purchase. Equity gained on principal adds $10,254/yr, and 5% annual appreciation supports $439,011 over five years. Five-year ROI reaches 39.38% and total cumulative return in cash sums $202,722. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,612/mo property income instead of your personal income.
Single Family
Built in 2005
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21541, Mc Henry, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,233 (100%) |
| Owner Occupied HU | 512 (22.9%) |
| Renter Occupied HU | 156 ( 7.0%) |
| Vacant Housing Units | 1,565 (70.1%) |
| Median Home Value | $354,286 |
| Average Home Value | $425,522 |
Housing Distribution
Address Breakdown
Residential
768
Single Family
619
Multi-Family
149
Businesses
210
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices