7389 Richardson StWillardsMD21874
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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 Willards at 7389 Richardson St, Willards, MD, 21874 uses $95,804 cash to close to unlock $4,873/yr annual cash flow and $406/mo monthly cash flow. Total monthly income runs $2,204/mo, and a $1,415/mo payment keeps the spread at $406/mo. Purchase price stands at $289,000, and rental yield measures 9.15% with $2,204/mo rent. Return on cash invested shows 25% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 130.21% and total cumulative return in cash records $124,742. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,204/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Single Family
Built in 2014
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21874, Willards, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,007 (100%) |
| Owner Occupied HU | 735 (73.0%) |
| Renter Occupied HU | 214 (21.3%) |
| Vacant Housing Units | 58 ( 5.8%) |
| Median Home Value | $267,683 |
| Average Home Value | $288,150 |
Housing Distribution
Address Breakdown
Residential
935
Single Family
935
Multi-Family
0
Businesses
45
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