542 Summerset Ct #39SolomonsMD20688
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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
Investment property for sale in Solomons at 542 Summerset Ct #39, Solomons, MD, 20688 offers a 9.25% rental yield on a $425,000 purchase with $3,277/mo rent. Total monthly income registers $3,277/mo, and a $2,080/mo payment leaves $634/mo available for distribution. Annual cash flow reaches $7,607/yr on $140,888 to close, and return on cash invested stands at 25.31% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 131.82% and total cumulative return in cash at $185,717. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,277/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20688, Solomons, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,360 (100%) |
| Owner Occupied HU | 766 (56.3%) |
| Renter Occupied HU | 346 (25.4%) |
| Vacant Housing Units | 248 (18.2%) |
| Median Home Value | $516,432 |
| Average Home Value | $611,540 |
Housing Distribution
Address Breakdown
Residential
1,166
Single Family
608
Multi-Family
558
Businesses
192
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