426 Narrows Pointe DrGrasonvilleMD21638
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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 Grasonville at 426 Narrows Pointe Dr, Grasonville, MD, 21638 with 5% annual appreciation on a $1,375,000 basis while $4,744/mo rent supports operations. 11% in year one. Equity gained on principal adds $8,873/yr, and five-year appreciation sums $379,887 alongside rental yield of 4.14%. Five-year ROI measures 50.26% and total cumulative return in cash totals $223,914. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,744/mo property income versus a $6,730/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21638, Grasonville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,357 (100%) |
| Owner Occupied HU | 1,698 (72.0%) |
| Renter Occupied HU | 394 (16.7%) |
| Vacant Housing Units | 265 (11.2%) |
| Median Home Value | $519,724 |
| Average Home Value | $610,355 |
Housing Distribution
Address Breakdown
Residential
2,241
Single Family
2,110
Multi-Family
131
Businesses
180
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Listed by: Dionne Wainwright Powell • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #MDQA2014262