51 Patterson AvePerryvilleMD21903
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
Investment Highlights
Rental property for sale in Perryville at 51 Patterson Ave, Perryville, MD, 21903 offers $2,201/mo rent that, after a $1,468/mo payment, leaves $336/mo cash flow. Total monthly income is $2,201/mo, and annual cash flow is $4,028/yr on $99,417 cash. Return on cash invested measures 23.96% in year one, and rental yield stands at 8.81% at a $299,900 entry. Equity gained on principal adds $1,935/yr while 5% annual appreciation compounds into $82,857 by year five. Five-year ROI records 124.62% and total cumulative return in cash reaches $123,892. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,201/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1943
7,448 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21903, Perryville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,793 (100%) |
| Owner Occupied HU | 1,678 (60.1%) |
| Renter Occupied HU | 830 (29.7%) |
| Vacant Housing Units | 285 (10.2%) |
| Median Home Value | $305,618 |
| Average Home Value | $338,784 |
Housing Distribution
Address Breakdown
Residential
2,216
Single Family
1,770
Multi-Family
446
Businesses
148
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Listed by: Lois Alberti • Alberti Realty, LLC
Mls Name: Bright MLS
Mls ID: #MDCC2018364