634 Alabama AveNorth BeachMD20714
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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 North Beach at 634 Alabama Ave, North Beach, MD, 20714 offers a 5.93% rental yield on a $595,000 purchase with $2,941/mo rent. 41% in year one. Equity gained on principal adds $3,839/yr while 5% annual appreciation supports $164,388 over five years. Portfolio math shows five-year ROI at 78.7% and total cumulative return in cash at $154,058. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,941/mo property income against a $2,912/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20714, North Beach, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,951 (100%) |
| Owner Occupied HU | 1,169 (59.9%) |
| Renter Occupied HU | 511 (26.2%) |
| Vacant Housing Units | 271 (13.9%) |
| Median Home Value | $425,709 |
| Average Home Value | $503,644 |
Housing Distribution
Address Breakdown
Residential
1,519
Single Family
1,290
Multi-Family
229
Businesses
125
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Listed by: Gigi Otar • G.E. Cranwell & Assoc., Ltd.
Mls Name: Bright MLS
Mls ID: #MDAA2125040