618 Academy AveFederalsburgMD21632
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThis is a cash-flow-light asset: 618 Academy Ave, Federalsburg, MD, 21632 in Federalsburg, $280,000, 7.91% gross yield, $105/mo net income. Consider it a market-entry position, the $1,847/mo rent covers the $1,259/mo payment with a margin, and 5%/yr appreciation is projected to add $77,359 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.47) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $113,005.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 9.0% |
| Monthly Cash Flow | $105 | $650 |
City averages based on Federalsburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,847 |
| Total Monthly Debt Service | $1,630 |
| DSCR Ratio | 1.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1952
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21632, Federalsburg, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,793 (100%) |
| Owner Occupied HU | 1,620 (58.0%) |
| Renter Occupied HU | 931 (33.3%) |
| Vacant Housing Units | 242 ( 8.7%) |
| Median Home Value | $229,703 |
| Average Home Value | $301,225 |
Housing Distribution
Address Breakdown
Residential
2,693
Single Family
2,586
Multi-Family
107
Businesses
215
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
Single Family
Built in 1952
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21632, Federalsburg, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,793 (100%) |
| Owner Occupied HU | 1,620 (58.0%) |
| Renter Occupied HU | 931 (33.3%) |
| Vacant Housing Units | 242 ( 8.7%) |
| Median Home Value | $229,703 |
| Average Home Value | $301,225 |
Housing Distribution
Address Breakdown
Residential
2,693
Single Family
2,586
Multi-Family
107
Businesses
215
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Bright MLS
Mls ID: #MDCM2006942