42163 Blacksmith Shop RdLeonardtownMD20650
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 42163 Blacksmith Shop Rd, Leonardtown, MD, 20650 in Leonardtown speaks for itself: 11.33% gross on a $299,500 price, generating $2,828/mo in rent and $966/mo in net income after the $1,420/mo debt service. DSCR 1.99, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $11,588 stacks alongside $82,746 in projected five-year appreciation and $2,511/yr in principal reduction. Projected total cumulative return: $170,106.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 6.2% |
| Monthly Cash Flow | $966 | $950 |
City averages based on Leonardtown market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,828 |
| Total Monthly Debt Service | $1,817 |
| DSCR Ratio | 1.56x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1953
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20650, Leonardtown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,429 (100%) |
| Owner Occupied HU | 4,652 (72.4%) |
| Renter Occupied HU | 1,183 (18.4%) |
| Vacant Housing Units | 594 ( 9.2%) |
| Median Home Value | $490,089 |
| Average Home Value | $538,975 |
Housing Distribution
Address Breakdown
Residential
5,527
Single Family
5,209
Multi-Family
318
Businesses
525
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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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Bright MLS
Mls Provider:
Mls ID: #MDSM2034000
