511 Bernard AveGreensboroMD21639
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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 Greensboro at 511 Bernard Ave, Greensboro, MD, 21639 generates $1,844/mo in rent and, after a $1,199/mo payment, leaves $320/mo in cash flow. Total monthly income is $1,844/mo, and annual cash flow is $3,845/yr on $81,218 invested. Return on cash invested sits at 24.64% in year one, and rental yield is 9.03% on a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 128.29% and total cumulative return in cash sums $104,196. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,844/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21639, Greensboro, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,846 (100%) |
| Owner Occupied HU | 1,282 (69.4%) |
| Renter Occupied HU | 416 (22.5%) |
| Vacant Housing Units | 148 ( 8.0%) |
| Median Home Value | $282,000 |
| Average Home Value | $354,358 |
Housing Distribution
Address Breakdown
Residential
1,741
Single Family
1,721
Multi-Family
20
Businesses
87
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Listed by: Karen Clark • Clark & Co Realty, LLC
Mls Name: Bright MLS
Mls ID: #MDCM2006386