404 Nanticoke StSharptownMD21861
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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 Sharptown at 404 Nanticoke St, Sharptown, MD, 21861 with 5% annual appreciation on a $225,000 basis while $1,890/mo rent supports operations. Total monthly income totals $1,890/mo and a $1,101/mo payment preserves $491/mo for cash returns. Annual cash flow comes to $5,890/yr on $74,588 deployed, and return on cash invested reaches 27.81% in year one. Equity gained on principal adds $1,452/yr, and five-year appreciation sums $62,163 alongside rental yield of 10.08%. Five-year ROI measures 145.23% and total cumulative return in cash totals $108,321.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,890/mo property income versus a $1,101/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1943
8,760 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21861, Sharptown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 332 (100%) |
| Owner Occupied HU | 239 (72.0%) |
| Renter Occupied HU | 64 (19.3%) |
| Vacant Housing Units | 29 ( 8.7%) |
| Median Home Value | $229,741 |
| Average Home Value | $274,927 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
21
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