705 Lomax St, Easton, MD, 21601 | $287/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Easton at 705 Lomax St, Easton, MD, 21601 offers $2,868/mo rent that, after a $2,031/mo payment, leaves $287/mo cash flow. Total monthly income is $2,868/mo, and annual cash flow is $3,445/yr on $137,573 cash. Return on cash invested measures 22.41% in year one, and rental yield stands at 8.29% at a $415,000 entry. Equity gained on principal adds $2,678/yr while 5% annual appreciation compounds into $114,657 by year five. Five-year ROI records 116.33% and total cumulative return in cash reaches $160,041. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,868/mo property income versus a $2,031/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1977

8,400 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 21601, Easton, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,707 (100%)
Owner Occupied HU	7,099 (60.6%)
Renter Occupied HU	3,342 (28.5%)
Vacant Housing Units	1,266 (10.8%)
Median Home Value	$394,875
Average Home Value	$542,766