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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Perryville at 742 Concord Point Dr, Perryville, MD, 21903 offers $3,557/mo rent that, after a $2,325/mo payment, leaves $603/mo cash flow. Total monthly income is $3,557/mo, and annual cash flow is $7,231/yr on $157,463 cash. Return on cash invested measures 24.5% in year one, and rental yield stands at 8.99% at a $475,000 entry. Equity gained on principal adds $3,065/yr while 5% annual appreciation compounds into $131,234 by year five. Five-year ROI records 127.51% and total cumulative return in cash reaches $200,779. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,557/mo property income versus a $2,325/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 21903, Perryville, MD area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,793 (100%) |
| Owner Occupied HU | 1,678 (60.1%) |
| Renter Occupied HU | 830 (29.7%) |
| Vacant Housing Units | 285 (10.2%) |
| Median Home Value | $305,618 |
| Average Home Value | $338,784 |
Residential
2,216
Single Family
1,770
Multi-Family
446
Businesses
148
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Terry Manucci • Patterson-Schwartz-Hockessin
Mls Name: Bright MLS
Mls ID: #MDCC2018588
