3915 8th StNorth BeachMD20714
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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 North Beach at 3915 8th St, North Beach, MD, 20714 offers a 9.12% rental yield on a $300,000 purchase with $2,281/mo rent. Total monthly income registers $2,281/mo, and a $1,468/mo payment leaves $416/mo available for distribution. Annual cash flow reaches $4,986/yr on $99,450 to close, and return on cash invested stands at 24.92% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 129.77% and total cumulative return in cash at $129,060. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,281/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
2,625 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: Heather Hall • Hyatt & Company Real Estate LLC
Mls Name: Bright MLS
Mls ID: #MDCA2022620