508 Bayside DrStevensvilleMD21666
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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
Rental property for sale in Stevensville at 508 Bayside Dr, Stevensville, MD, 21666 priced at $1,960,000 converts $6,364/mo rent into after a $9,593/mo obligation. Total monthly income equals $6,364/mo. Return on cash invested prints 9.35% in year one, and rental yield reads 3.9% against a $1,960,000 entry. Equity gained on principal adds $12,648/yr, while 5% annual appreciation compiles into $541,512 by year five. Five-year ROI reaches 46.14% and total cumulative return in cash sums $293,005. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,364/mo property income covering a $9,593/mo payment, not borrower’s personal income.
Single Family
Built in 1978
0.52 Acres lot
$N/A/sqft
$8 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21666, Stevensville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,767 (100%) |
| Owner Occupied HU | 4,807 (83.4%) |
| Renter Occupied HU | 520 ( 9.0%) |
| Vacant Housing Units | 440 ( 7.6%) |
| Median Home Value | $536,306 |
| Average Home Value | $671,212 |
Housing Distribution
Address Breakdown
Residential
5,679
Single Family
5,451
Multi-Family
228
Businesses
616
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