505 Concord St UNIT 1OHavre De GraceMD21078
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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 Havre De Grace at 505 Concord St UNIT 1O, Havre De Grace, MD, 21078 listed at $639,900 pairs $2,710/mo rent with a $3,132/mo payment. Total monthly income runs $2,710/mo. Return on cash invested measures 12.82% in year one, and rental yield registers 5.08% at a $639,900 basis. Equity gained on principal adds $4,129/yr, and annual property appreciation at 5% supports $176,793 by year five. Five-year ROI tracks 64.87% and total cumulative return in cash totals $136,559. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,710/mo property income relative to a $3,132/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2007
N/A 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: Al Peteraf • Integrity Real Estate
Mls Name: Bright MLS
Mls ID: #MDHR2050928