70 High Sheriff TrlOcean PinesMD21811
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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 Ocean Pines at 70 High Sheriff Trl, Ocean Pines, MD, 21811 priced at $390,000 pairs $2,957/mo rent with $531/mo cash flow after a $1,909/mo payment. Total monthly income equals $2,957/mo, and annual cash flow comes to $6,375/yr on $129,285 invested. Return on cash invested is 24.84% in year one, and rental yield stands at 9.1% on a $390,000 basis. Equity gained on principal adds $2,517/yr, and 5% annual appreciation accumulates to $107,750 by year five. Five-year ROI measures 129.34% and total cumulative return in cash reaches $167,216. For financing, Ziffy Mortgage’s DSCR program evaluates $2,957/mo property income against a $1,909/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
9,120 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21811, Berlin, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,557 (100%) |
| Owner Occupied HU | 8,949 (54.0%) |
| Renter Occupied HU | 2,329 (14.1%) |
| Vacant Housing Units | 5,279 (31.9%) |
| Median Home Value | $402,871 |
| Average Home Value | $482,648 |
Housing Distribution
Address Breakdown
Residential
13,440
Single Family
11,760
Multi-Family
1,680
Businesses
837
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Listed by: Eka Suryadi Poling • Keller Williams Realty Delmarva
Mls Name: Bright MLS
Mls ID: #MDWO2035440