6028 Cornstack RdMarion StationMD21838
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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 Marion Station at 6028 Cornstack Rd, Marion Station, MD, 21838 uses $82,842 cash to close to unlock $1,967/yr annual cash flow and $164/mo monthly cash flow. Total monthly income runs $1,718/mo, and a $1,223/mo payment keeps the spread at $164/mo. Purchase price stands at $249,900, and rental yield measures 8.25% with $1,718/mo rent. Return on cash invested shows 22.28% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 115.6% and total cumulative return in cash records $95,762. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,718/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 1920
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21838, Marion Station, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 970 (100%) |
| Owner Occupied HU | 632 (65.2%) |
| Renter Occupied HU | 128 (13.2%) |
| Vacant Housing Units | 210 (21.6%) |
| Median Home Value | $236,667 |
| Average Home Value | $295,257 |
Housing Distribution
Address Breakdown
Residential
717
Single Family
717
Multi-Family
0
Businesses
27
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Listed by: Mike Dunn • Keller Williams Realty Delmarva
Mls Name: Bright MLS
Mls ID: #MDSO2006416