7204 Main StQueenstownMD21658
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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
Investment property for sale in Queenstown at 7204 Main St, Queenstown, MD, 21658 earns $199/mo cash flow from $2,930/mo rent with a $2,149/mo payment. Total monthly income totals $2,930/mo, and annual cash flow totals $2,392/yr on $145,529 capital. ROI tracks 21.55% on current figures, and rental yield reads 8.01% at a $439,000 purchase. Equity gained on principal adds $2,833/yr, and 5% annual appreciation supports $121,288 over five years. Five-year ROI reaches 111.72% and total cumulative return in cash sums $162,584. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,930/mo property income instead of your personal income.
Single Family
Built in 1994
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21658, Queenstown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,761 (100%) |
| Owner Occupied HU | 1,351 (76.7%) |
| Renter Occupied HU | 178 (10.1%) |
| Vacant Housing Units | 232 (13.2%) |
| Median Home Value | $587,529 |
| Average Home Value | $690,222 |
Housing Distribution
Address Breakdown
Residential
1,706
Single Family
1,672
Multi-Family
34
Businesses
206
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Listed by: Tony DiDomenico • Iron Valley Real Estate Ocean City
Mls Name: Bright MLS
Mls ID: #MDQA2014530