7105 Wainwright AveParsonsburgMD21849
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 7105 Wainwright Ave, Parsonsburg, MD, 21849 in Parsonsburg: $2,434/mo in rent, $767/mo net, 10.9% gross yield, all on a $267,990 acquisition. The 2.02 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $74,041 in value, and $2,468/yr in principal paydown steadily builds equity. Projected total cumulative return: $151,025.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 6.5% |
| Monthly Cash Flow | $767 | $350 |
City averages based on Parsonsburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,434 |
| Total Monthly Debt Service | $1,560 |
| DSCR Ratio | 1.56x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1985
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21849, Parsonsburg, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,340 (100%) |
| Owner Occupied HU | 1,033 (77.1%) |
| Renter Occupied HU | 234 (17.5%) |
| Vacant Housing Units | 73 ( 5.4%) |
| Median Home Value | $303,589 |
| Average Home Value | $361,859 |
Housing Distribution
Address Breakdown
Residential
1,304
Single Family
1,304
Multi-Family
0
Businesses
50
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
Single Family
Built in 1985
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21849, Parsonsburg, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,340 (100%) |
| Owner Occupied HU | 1,033 (77.1%) |
| Renter Occupied HU | 234 (17.5%) |
| Vacant Housing Units | 73 ( 5.4%) |
| Median Home Value | $303,589 |
| Average Home Value | $361,859 |
Housing Distribution
Address Breakdown
Residential
1,304
Single Family
1,304
Multi-Family
0
Businesses
50
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alex Piela • Berkshire Hathaway HomeServices PenFed Realty
Mls Name: Bright MLS
Mls Provider:
Mls ID: #MDWC2015990
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