408 Spinnaker Ln, Saint Michaels, MD, 21663 | 5.56% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Saint Michaels at 408 Spinnaker Ln, Saint Michaels, MD, 21663 listed at $775,000 pairs $3,589/mo rent with a $3,793/mo payment. Total monthly income runs $3,589/mo. Return on cash invested measures 14.27% in year one, and rental yield registers 5.56% at a $775,000 basis. Equity gained on principal adds $5,001/yr, and annual property appreciation at 5% supports $214,118 by year five. Five-year ROI tracks 72.61% and total cumulative return in cash totals $185,131. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,589/mo property income relative to a $3,793/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2022

3,005 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 21663, Saint Michaels, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,116 (100%)
Owner Occupied HU	1,125 (53.2%)
Renter Occupied HU	394 (18.6%)
Vacant Housing Units	597 (28.2%)
Median Home Value	$691,382
Average Home Value	$890,696