7601 Coastal Hwy UNIT 409, Ocean City, MD, 21842 | 5.2% 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

Investment property for sale in Ocean City at 7601 Coastal Hwy UNIT 409, Ocean City, MD, 21842 listed at $610,000 pairs $2,645/mo rent with a $2,986/mo payment. Total monthly income runs $2,645/mo. Return on cash invested measures 13.19% in year one, and rental yield registers 5.2% at a $610,000 basis. Equity gained on principal adds $3,936/yr, and annual property appreciation at 5% supports $168,532 by year five. Five-year ROI tracks 66.81% and total cumulative return in cash totals $134,083. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,645/mo property income relative to a $2,986/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2005

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