613 School House LnCambridgeMD21613
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Cambridge at 613 School House Ln, Cambridge, MD, 21613 offers $1,655/mo rent that, after a $489/mo payment, leaves $1,034/mo cash flow. Total monthly income is $1,655/mo, and annual cash flow is $12,402/yr on $33,150 cash. Return on cash invested measures 57.32% in year one, and rental yield stands at 19.86% at a $100,000 entry. Equity gained on principal adds $645/yr while 5% annual appreciation compounds into $27,628 by year five. Five-year ROI records 303.58% and total cumulative return in cash reaches $100,636. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,655/mo property income versus a $489/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1950
2,266 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21613, Cambridge, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,537 (100%) |
| Owner Occupied HU | 4,519 (47.4%) |
| Renter Occupied HU | 3,505 (36.8%) |
| Vacant Housing Units | 1,513 (15.9%) |
| Median Home Value | $298,117 |
| Average Home Value | $357,441 |
Housing Distribution
Address Breakdown
Residential
9,288
Single Family
8,313
Multi-Family
975
Businesses
864
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