6585 11th StChesapeake BeachMD20732
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
Investment property for sale in Chesapeake Beach at 6585 11th St, Chesapeake Beach, MD, 20732 uses $140,888 cash to close to unlock $11,939/yr annual cash flow and $995/mo monthly cash flow. Total monthly income runs $3,638/mo, and a $2,080/mo payment keeps the spread at $995/mo. Purchase price stands at $425,000, and rental yield measures 10.27% with $3,638/mo rent. Return on cash invested shows 28.38% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 148.32% and total cumulative return in cash records $208,961. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,638/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1995
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20732, Chesapeake Beach, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,900 (100%) |
| Owner Occupied HU | 3,771 (77.0%) |
| Renter Occupied HU | 758 (15.5%) |
| Vacant Housing Units | 371 ( 7.6%) |
| Median Home Value | $469,540 |
| Average Home Value | $501,391 |
Housing Distribution
Address Breakdown
Residential
3,964
Single Family
3,899
Multi-Family
65
Businesses
137
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laura Forbes • CENTURY 21 New Millennium
Mls Name: Bright MLS
Mls ID: #MDCA2024414