412 Trippe AveEastonMD21601
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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 Easton at 412 Trippe Ave, Easton, MD, 21601 uses $122,324 cash to close to unlock $853/yr annual cash flow and $71/mo monthly cash flow. Total monthly income runs $2,366/mo, and a $1,806/mo payment keeps the spread at $71/mo. Purchase price stands at $369,000, and rental yield measures 7.69% with $2,366/mo rent. Return on cash invested shows 20.61% in year one, and 5% annual appreciation builds toward $101,948 over five years. Five-year ROI reaches 106.66% and total cumulative return in cash records $130,467. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,366/mo property income covering a $1,806/mo payment rather than investor’s personal income.
Single Family
Built in 1948
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21601, Easton, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,707 (100%) |
| Owner Occupied HU | 7,099 (60.6%) |
| Renter Occupied HU | 3,342 (28.5%) |
| Vacant Housing Units | 1,266 (10.8%) |
| Median Home Value | $394,875 |
| Average Home Value | $542,766 |
Housing Distribution
Address Breakdown
Residential
11,219
Single Family
10,369
Multi-Family
850
Businesses
1,824
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