7231 Friendship RdPittsvilleMD21850
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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 Pittsville at 7231 Friendship Rd, Pittsville, MD, 21850 listed at $306,400 pairs $2,596/mo rent with a $1,500/mo payment to leave $690/mo cash flow. Total monthly income runs $2,596/mo, and annual cash flow reaches $8,280/yr on $101,572 cash to close. Return on cash invested measures 28.06% in year one, and rental yield registers 10.17% at a $306,400 basis. Equity gained on principal adds $1,977/yr, and annual property appreciation at 5% supports $84,653 by year five. Five-year ROI tracks 146.64% and total cumulative return in cash totals $148,949. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,596/mo property income relative to a $1,500/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21850, Pittsville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,345 (100%) |
| Owner Occupied HU | 962 (71.5%) |
| Renter Occupied HU | 263 (19.6%) |
| Vacant Housing Units | 120 ( 8.9%) |
| Median Home Value | $247,509 |
| Average Home Value | $315,133 |
Housing Distribution
Address Breakdown
Residential
1,328
Single Family
1,328
Multi-Family
0
Businesses
72
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Listed by: N/A • N/A
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