7601 Atlantic Ave UNIT 3, Ocean City, MD, 21842 | 3.91% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,399/mo, and a $2,100/mo payment. Purchase price stands at $429,000, and rental yield measures 3.91% with $1,399/mo rent. Return on cash invested shows 9.2% in year one, and 5% annual appreciation builds toward $118,525 over five years. Five-year ROI reaches 45.45% and total cumulative return in cash records $64,633. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,399/mo property income covering a $2,100/mo payment rather than investor’s personal income.

Condo

Built in 1968

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 21842, Ocean City, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	32,930 (100%)
Owner Occupied HU	4,053 (12.3%)
Renter Occupied HU	1,593 ( 4.8%)
Vacant Housing Units	27,284 (82.9%)
Median Home Value	$504,097
Average Home Value	$573,881