618 Bedford StCumberlandMD21502
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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 Cumberland at 618 Bedford St, Cumberland, MD, 21502 priced at $125,900 converts $1,118/mo rent into $335/mo cash flow after a $616/mo obligation. Total monthly income equals $1,118/mo, and annual cash flow totals $4,022/yr on $41,736 invested. Return on cash invested prints 29.55% in year one, and rental yield reads 10.66% against a $125,900 entry. Equity gained on principal adds $812/yr, while 5% annual appreciation compiles into $34,784 by year five. Five-year ROI reaches 154.69% and total cumulative return in cash sums $64,560. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,118/mo property income covering a $616/mo payment, not borrower’s personal income.
Single Family
Built in 1900
5,120 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21502, Cumberland, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,121 (100%) |
| Owner Occupied HU | 11,103 (58.1%) |
| Renter Occupied HU | 4,972 (26.0%) |
| Vacant Housing Units | 3,046 (15.9%) |
| Median Home Value | $165,221 |
| Average Home Value | $212,127 |
Housing Distribution
Address Breakdown
Residential
17,230
Single Family
15,703
Multi-Family
1,527
Businesses
1,428
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Listed by: Destiny Hair • Better Homes & Gardens Real Estate Old Line Group
Mls Name: Bright MLS
Mls ID: #MDAL2012268