54 Cannon Dr, Ocean Pines, MD, 21811 | 7.26% Rental Yield

For Sale

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Ocean Pines at 54 Cannon Dr, Ocean Pines, MD, 21811 priced at $370,000 pairs $2,240/mo rent with after a $1,811/mo payment. Total monthly income equals $2,240/mo. Return on cash invested is 19.31% in year one, and rental yield stands at 7.26% on a $370,000 basis. Equity gained on principal adds $2,388/yr, and 5% annual appreciation accumulates to $102,224 by year five. Five-year ROI measures 99.67% and total cumulative return in cash reaches $122,249. For financing, Ziffy Mortgage’s DSCR program evaluates $2,240/mo property income against a $1,811/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1985

9,880 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 21811, Berlin, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,557 (100%)
Owner Occupied HU	8,949 (54.0%)
Renter Occupied HU	2,329 (14.1%)
Vacant Housing Units	5,279 (31.9%)
Median Home Value	$402,871
Average Home Value	$482,648