708 Ridge RdMount AiryMD21771
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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 Mount Airy at 708 Ridge Rd, Mount Airy, MD, 21771 generates $4,496/mo in rent and, after a $3,012/mo payment, leaves $669/mo in cash flow. Total monthly income is $4,496/mo, and annual cash flow is $8,025/yr on $202,434 invested. Return on cash invested sits at 24.02% in year one, and rental yield is 8.77% on a $615,300 entry. Equity gained on principal adds $3,970/yr, while 5% annual appreciation builds toward $169,996 over five years. Five-year ROI reaches 124.91% and total cumulative return in cash sums $252,867. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,496/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21771, Mount Airy, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,026 (100%) |
| Owner Occupied HU | 9,862 (89.4%) |
| Renter Occupied HU | 893 ( 8.1%) |
| Vacant Housing Units | 271 ( 2.5%) |
| Median Home Value | $598,074 |
| Average Home Value | $618,694 |
Housing Distribution
Address Breakdown
Residential
11,033
Single Family
10,927
Multi-Family
106
Businesses
731
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Listed by: Jeannette Bingaman • Long & Foster Real Estate, Inc.
Mls Name: Long & Foster Broker Feed
Mls Provider:
Mls ID: #MDCR2030166
Disclaimer: Listing information is deemed reliable, but not guaranteed.