3837 3rd 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 3837 3rd St, North Beach, MD, 20714 listed at $329,500 pairs $2,534/mo rent with a $1,613/mo payment to leave $484/mo cash flow. Total monthly income runs $2,534/mo, and annual cash flow reaches $5,813/yr on $109,229 cash to close. Return on cash invested measures 25.23% in year one, and rental yield registers 9.23% at a $329,500 basis. Equity gained on principal adds $2,126/yr, and annual property appreciation at 5% supports $91,035 by year five. Five-year ROI tracks 131.44% and total cumulative return in cash totals $143,566. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,534/mo property income relative to a $1,613/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
3,885 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: Pamela Portillo • Samson Properties
Mls Name: Bright MLS
Mls ID: #MDCA2022716