706 E Main StMiddletownMD21769
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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 Middletown at 706 E Main St, Middletown, MD, 21769 offers $5,287/mo rent that, after a $3,426/mo payment, leaves $934/mo cash flow. Total monthly income is $5,287/mo, and annual cash flow is $11,202/yr on $230,300 cash. Return on cash invested measures 24.92% in year one, and rental yield stands at 9.06% at a $699,999 entry. Equity gained on principal adds $4,517/yr while 5% annual appreciation compounds into $193,397 by year five. Five-year ROI records 129.75% and total cumulative return in cash reaches $298,815. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,287/mo property income versus a $3,426/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1915
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21769, Middletown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,486 (100%) |
| Owner Occupied HU | 3,801 (84.7%) |
| Renter Occupied HU | 524 (11.7%) |
| Vacant Housing Units | 161 ( 3.6%) |
| Median Home Value | $591,569 |
| Average Home Value | $646,696 |
Housing Distribution
Address Breakdown
Residential
4,368
Single Family
4,284
Multi-Family
84
Businesses
246
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Listed by: Marylou Fisher • Century 21 Redwood Realty
Mls Name: Bright MLS
Mls ID: #MDFR2075782