73 Drift WayEarlevilleMD21919
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
Investment Highlights
Rental property for sale in Earleville at 73 Drift Way, Earleville, MD, 21919 priced at $315,000 converts $2,551/mo rent into $592/mo cash flow after a $1,542/mo obligation. Total monthly income equals $2,551/mo, and annual cash flow totals $7,099/yr on $104,423 invested. Return on cash invested prints 26.71% in year one, and rental yield reads 9.72% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 139.34% and total cumulative return in cash sums $145,505. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,551/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Single Family
Built in 1950
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21919, Earleville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,267 (100%) |
| Owner Occupied HU | 1,172 (51.7%) |
| Renter Occupied HU | 173 ( 7.6%) |
| Vacant Housing Units | 922 (40.7%) |
| Median Home Value | $474,000 |
| Average Home Value | $602,342 |
Housing Distribution
Address Breakdown
Residential
1,643
Single Family
1,643
Multi-Family
0
Businesses
30
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Listed by: Lynne Caldwell • LMC Real Estate Services, LLC
Mls Name: Bright MLS
Mls ID: #MDCC2018822