4000 Herons Nest Way UNIT 24ChesterMD21619
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder4000 Herons Nest Way UNIT 24, Chester, MD, 21619 in Chester is a stable, well-positioned rental at $645,000. Rental yield 7.43%. DSCR 1.38 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $178,202 in value and $5,941/yr in principal paydown builds equity, a total projected return of $229,465.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 7.2% |
| Monthly Cash Flow | $(253) | $350 |
City averages based on Chester market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,994 |
| Total Monthly Debt Service | $3,990 |
| DSCR Ratio | 1.00x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2021
N/A lot
$N/A/sqft
$235 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21619, Chester, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,903 (100%) |
| Owner Occupied HU | 2,685 (68.8%) |
| Renter Occupied HU | 759 (19.4%) |
| Vacant Housing Units | 459 (11.8%) |
| Median Home Value | $495,127 |
| Average Home Value | $586,091 |
Housing Distribution
Address Breakdown
Residential
3,687
Single Family
3,273
Multi-Family
414
Businesses
348
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
Condo
Built in 2021
N/A lot
$N/A/sqft
$235 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21619, Chester, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,903 (100%) |
| Owner Occupied HU | 2,685 (68.8%) |
| Renter Occupied HU | 759 (19.4%) |
| Vacant Housing Units | 459 (11.8%) |
| Median Home Value | $495,127 |
| Average Home Value | $586,091 |
Housing Distribution
Address Breakdown
Residential
3,687
Single Family
3,273
Multi-Family
414
Businesses
348
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices