607 North StEastonMD21601
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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 Easton at 607 North St, Easton, MD, 21601 priced at $947,000 converts $4,236/mo rent into after a $4,635/mo obligation. Total monthly income equals $4,236/mo. Return on cash invested prints 13.69% in year one, and rental yield reads 5.37% against a $947,000 entry. Equity gained on principal adds $6,111/yr, while 5% annual appreciation compiles into $261,639 by year five. Five-year ROI reaches 69.51% and total cumulative return in cash sums $216,572. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,236/mo property income covering a $4,635/mo payment, not borrower’s personal income.
Single Family
Built in 2025
6,513 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21601, Easton, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,707 (100%) |
| Owner Occupied HU | 7,099 (60.6%) |
| Renter Occupied HU | 3,342 (28.5%) |
| Vacant Housing Units | 1,266 (10.8%) |
| Median Home Value | $394,875 |
| Average Home Value | $542,766 |
Housing Distribution
Address Breakdown
Residential
11,219
Single Family
10,369
Multi-Family
850
Businesses
1,824
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