426 S Washington StHavre De GraceMD21078
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Nearby investment properties with comparable prices
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
Rental property for sale in Havre De Grace at 426 S Washington St, Havre De Grace, MD, 21078 priced at $249,000 converts $2,332/mo rent into $783/mo cash flow after a $1,219/mo obligation. Total monthly income equals $2,332/mo, and annual cash flow totals $9,397/yr on $82,544 invested. Return on cash invested prints 31.29% in year one, and rental yield reads 11.24% against a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation compiles into $68,794 by year five. Five-year ROI reaches 164% and total cumulative return in cash sums $135,368. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,332/mo property income covering a $1,219/mo payment, not borrower’s personal income.
Single Family
Built in 1935
1,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21078, Havre De Grace, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,099 (100%) |
| Owner Occupied HU | 6,294 (69.2%) |
| Renter Occupied HU | 2,219 (24.4%) |
| Vacant Housing Units | 586 ( 6.4%) |
| Median Home Value | $445,721 |
| Average Home Value | $488,694 |
Housing Distribution
Address Breakdown
Residential
8,782
Single Family
8,082
Multi-Family
700
Businesses
591
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Listed by: Joseph Avampato • Alberti Realty, LLC
Mls Name: Bright MLS
Mls ID: #MDHR2050122