








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 Hanover at 7649 Elmcrest Rd, Hanover, MD, 21076 generates $3,798/mo in rent and, after a $2,836/mo payment, leaves $194/mo in cash flow. Total monthly income is $3,798/mo, and annual cash flow is $2,331/yr on $190,623 invested. Return on cash invested sits at 21.28% in year one, and rental yield is 7.87% on a $579,400 entry. Equity gained on principal adds $3,739/yr, while 5% annual appreciation builds toward $160,078 over five years. Five-year ROI reaches 110.23% and total cumulative return in cash sums $210,132. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,798/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 21076, Hanover, MD area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,788 (100%) |
| Owner Occupied HU | 6,672 (61.8%) |
| Renter Occupied HU | 3,466 (32.1%) |
| Vacant Housing Units | 650 ( 6.0%) |
| Median Home Value | $519,950 |
| Average Home Value | $540,082 |
Residential
10,958
Single Family
8,300
Multi-Family
2,658
Businesses
1,127
Date | Event | Price |
|---|---|---|
| 2025-09-06 | Listing removed | $580,000 |
| 2025-09-05 | Listing removed | $2,900 |
| 2025-08-19 | Price change | $580,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-12 | $4813.62 | 4.48% | $439,600 | 4.20% |
| 2023-10-12 | $4607.15 | 9.07% | $421,900 | 4.38% |
| 2022-10-12 | $4223.89 | N/A | $404,200 | N/A |



Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A