5624 Gates StRoyal OakMD21662
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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 Royal Oak at 5624 Gates St, Royal Oak, MD, 21662 earns from $2,527/mo rent with a $2,178/mo payment. Total monthly income totals $2,527/mo. ROI tracks 17.95% on current figures, and rental yield reads 6.81% at a $445,000 purchase. Equity gained on principal adds $2,872/yr, and 5% annual appreciation supports $122,945 over five years. Five-year ROI reaches 92.4% and total cumulative return in cash sums $136,304. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,527/mo property income instead of your personal income.
Single Family
Built in 2004
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21662, Royal Oak, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 444 (100%) |
| Owner Occupied HU | 236 (53.2%) |
| Renter Occupied HU | 56 (12.6%) |
| Vacant Housing Units | 152 (34.2%) |
| Median Home Value | $1,016,667 |
| Average Home Value | $1,145,763 |
Housing Distribution
Address Breakdown
Residential
277
Single Family
277
Multi-Family
0
Businesses
23
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