492 Pear Tree Point Rd, Chestertown, MD, 21620 | 5.6% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

492 Pear Tree Point Rd, Chestertown, MD, 21620 | 5.6% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
2928 sft

426 Macum Creek Dr, Chester, MD, 21619

2 Bed
3 Bath
2032 sft

315 Gibson Cir, Chester, MD, 21619

4 Bed
4 Bath
1728 sft

100 Bay City Rd, Stevensville, MD, 21666

4 Bed
4 Bath
2400 sft

314 Thomas White Blvd, Chester, MD, 21619

Nearby investment properties with comparable prices

3 Bed
2 Bath
1500 sft

644 Chester River Beach Rd, Grasonville, MD, 21638

4 Bed
5 Bath
4793 sft

238 Nichols Manor Dr, Stevensville, MD, 21666

3 Bed
3 Bath
2520 sft

202 McHenny Ct, Chester, MD, 21619

5 Bed
4 Bath
3128 sft

2806 Love Point Rd, Stevensville, MD, 21666

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Chestertown at 492 Pear Tree Point Rd, Chestertown, MD, 21620 listed at $875,000 pairs $4,084/mo rent with a $4,283/mo payment. Total monthly income runs $4,084/mo. Return on cash invested measures 14.4% in year one, and rental yield registers 5.6% at a $875,000 basis. Equity gained on principal adds $5,646/yr, and annual property appreciation at 5% supports $241,746 by year five. Five-year ROI tracks 73.29% and total cumulative return in cash totals $210,995. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,084/mo property income relative to a $4,283/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2001

0.91 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 492 Pear Tree Point Road: an exceptional Chester River waterfront home with unique upriver views. Spacious rooms, gorgeous cherry hardwoods, a back deck to die for, private setting, and with space to add; this home has it all! Good water depth for a dock and center console. Nearly an acre of elevated land - out of the flood zone - that backs to picturesque horse pasture. The main floor features a huge open-concept kitchen and living/dining room space which naturally flows onto the unmatched second-story wrap-around deck; perfect for crab feasts, bbq, and watching summer sunsets. Perched on the second floor is the primary suite with private Romeo and Juliet style balcony high above. Ensuite bath is unfinished but is plumbed and ready for tile and final fixtures. Walk down the sunroom to the oversized two-car garage with workshop behind and the massive unfinished loft above. With electric and insulation already in place, this space is a blank canvas ready to be turned into a fantastic rec room or 4th bedroom. Finishing the loft and primary bath would make the home over 3,000 square feet of finished space and 3/4 bedrooms and 3 fun baths. Add the final touches to make this space your own. Walkout basement has tons of storage for outdoor equipment and has a bedroom and full bath. Open House Saturday October 18, 10:00 - 2:00. Come join us.

Neighborhood Data

Neighborhood data shown for ZIP Code: 21620, Chestertown, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,256 (100%)
Owner Occupied HU	3,591 (57.4%)
Renter Occupied HU	1,696 (27.1%)
Vacant Housing Units	969 (15.5%)
Median Home Value	$373,354
Average Home Value	$477,344