624 Front StPerryvilleMD21903
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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 Perryville at 624 Front St, Perryville, MD, 21903 uses $91,129 cash to close to unlock $10,869/yr annual cash flow and $906/mo monthly cash flow. Total monthly income runs $2,615/mo, and a $1,346/mo payment keeps the spread at $906/mo. Purchase price stands at $274,900, and rental yield measures 11.42% with $2,615/mo rent. Return on cash invested shows 31.84% in year one, and 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 166.84% and total cumulative return in cash records $152,043. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,615/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1900
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21903, Perryville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,793 (100%) |
| Owner Occupied HU | 1,678 (60.1%) |
| Renter Occupied HU | 830 (29.7%) |
| Vacant Housing Units | 285 (10.2%) |
| Median Home Value | $305,618 |
| Average Home Value | $338,784 |
Housing Distribution
Address Breakdown
Residential
2,216
Single Family
1,770
Multi-Family
446
Businesses
148
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Listed by: Lee Wolff • FSBO Broker
Mls Name: Bright MLS
Mls ID: #MDCC2020264