524 Charington DrSeverna ParkMD21146
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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 Severna Park at 524 Charington Dr, Severna Park, MD, 21146 generates $3,974/mo in rent, after a $3,372/mo payment. Total monthly income is $3,974/mo. Return on cash invested sits at 18.41% in year one, and rental yield is 6.92% on a $689,000 entry. Equity gained on principal adds $4,446/yr, while 5% annual appreciation builds toward $190,358 over five years. Five-year ROI reaches 94.85% and total cumulative return in cash sums $214,998. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,974/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
7,360 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21146, Severna Park, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,171 (100%) |
| Owner Occupied HU | 8,817 (86.7%) |
| Renter Occupied HU | 991 ( 9.7%) |
| Vacant Housing Units | 363 ( 3.6%) |
| Median Home Value | $688,893 |
| Average Home Value | $783,624 |
Housing Distribution
Address Breakdown
Residential
10,158
Single Family
9,749
Multi-Family
409
Businesses
916
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Listed by: Bob Chew • Samson Properties
Mls Name: Bright MLS
Mls ID: #MDAA2134048