417 Rowland DrPort DepositMD21904
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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 Port Deposit at 417 Rowland Dr, Port Deposit, MD, 21904 offers a 11.44% rental yield on a $246,300 purchase with $2,348/mo rent. Total monthly income registers $2,348/mo, and a $1,206/mo payment leaves $816/mo available for distribution. Annual cash flow reaches $9,788/yr on $81,648 to close, and return on cash invested stands at 31.9% in year one. Equity gained on principal adds $1,589/yr while 5% annual appreciation supports $68,048 over five years. Portfolio math shows five-year ROI at 167.17% and total cumulative return in cash at $136,488. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,348/mo property income against a $1,206/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21904, Port Deposit, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,913 (100%) |
| Owner Occupied HU | 2,243 (77.0%) |
| Renter Occupied HU | 386 (13.3%) |
| Vacant Housing Units | 284 ( 9.7%) |
| Median Home Value | $357,517 |
| Average Home Value | $372,179 |
Housing Distribution
Address Breakdown
Residential
2,704
Single Family
2,680
Multi-Family
24
Businesses
101
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Listed by: N/A • N/A
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