7400 Michael AveEastonMD21601
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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 Easton at 7400 Michael Ave, Easton, MD, 21601 at $510,000 posts ROI 25.21% with $720/mo cash flow from $3,892/mo rent. Total monthly income equals $3,892/mo, and annual cash flow records $8,643/yr on $167,790 to close. Return on cash invested measures 25.21% and rental yield reads 9.16% at the current $510,000. Equity gained on principal adds $3,291/yr, and 5% annual appreciation supports $140,904 by year five. Five-year ROI prints 131.29% and total cumulative return in cash totals $220,299.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,892/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2007
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21601, Easton, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,707 (100%) |
| Owner Occupied HU | 7,099 (60.6%) |
| Renter Occupied HU | 3,342 (28.5%) |
| Vacant Housing Units | 1,266 (10.8%) |
| Median Home Value | $394,875 |
| Average Home Value | $542,766 |
Housing Distribution
Address Breakdown
Residential
11,219
Single Family
10,369
Multi-Family
850
Businesses
1,824
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