5 Sunrise AveRidgelyMD21660
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play5 Sunrise Ave, Ridgely, MD, 21660 in Ridgely is priced for appreciation, not yield. Rental yield 3.12%. At $415,000 with a 3.12% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $114,657 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.58) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $60,867.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.1% | 5.8% |
| Monthly Cash Flow | $(1,501) | $220 |
City averages based on Ridgely 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 | $1,080 |
| Total Monthly Debt Service | $2,416 |
| DSCR Ratio | 0.45x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
0.25 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21660, Ridgely, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,618 (100%) |
| Owner Occupied HU | 1,161 (71.8%) |
| Renter Occupied HU | 337 (20.8%) |
| Vacant Housing Units | 120 ( 7.4%) |
| Median Home Value | $350,195 |
| Average Home Value | $367,097 |
Housing Distribution
Address Breakdown
Residential
1,503
Single Family
1,503
Multi-Family
0
Businesses
125
Nearby investment properties with comparable rents
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
Single Family
Built in N/A
0.25 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21660, Ridgely, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,618 (100%) |
| Owner Occupied HU | 1,161 (71.8%) |
| Renter Occupied HU | 337 (20.8%) |
| Vacant Housing Units | 120 ( 7.4%) |
| Median Home Value | $350,195 |
| Average Home Value | $367,097 |
Housing Distribution
Address Breakdown
Residential
1,503
Single Family
1,503
Multi-Family
0
Businesses
125
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices