7524 Harmans RdHarmansMD21077
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 7524 Harmans Rd, Harmans, MD, 21077 in Harmans. At $340,000 it earns $2,355/mo in rent and distributes $240/mo to the owner after the $1,529/mo payment, a consistent 8.31% yield. DSCR 1.54 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $93,936 in value; $3,131/yr in principal paydown compounds ownership stake. Total projected return: $144,443.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.0% |
| Monthly Cash Flow | $240 | $1,200 |
City averages based on Harmans market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,355 |
| Total Monthly Debt Service | $1,979 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1962
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21077, Harmans, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 142 (100%) |
| Owner Occupied HU | 126 (88.7%) |
| Renter Occupied HU | 15 (10.6%) |
| Vacant Housing Units | 1 ( 0.7%) |
| Median Home Value | $458,696 |
| Average Home Value | $519,544 |
Housing Distribution
Address Breakdown
Residential
143
Single Family
143
Multi-Family
0
Businesses
26
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
Single Family
Built in 1962
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21077, Harmans, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 142 (100%) |
| Owner Occupied HU | 126 (88.7%) |
| Renter Occupied HU | 15 (10.6%) |
| Vacant Housing Units | 1 ( 0.7%) |
| Median Home Value | $458,696 |
| Average Home Value | $519,544 |
Housing Distribution
Address Breakdown
Residential
143
Single Family
143
Multi-Family
0
Businesses
26
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices