7704 Nicole Grace DrNottinghamMD21236
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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
Investment Highlights
Rental property for sale in Nottingham at 7704 Nicole Grace Dr, Nottingham, MD, 21236 generates $4,478/mo in rent and, after a $2,691/mo payment, leaves $1,058/mo in cash flow. Total monthly income is $4,478/mo, and annual cash flow is $12,701/yr on $180,917 invested. Return on cash invested sits at 27.08% in year one, and rental yield is 9.77% on a $549,900 entry. Equity gained on principal adds $3,548/yr, while 5% annual appreciation builds toward $151,927 over five years. Five-year ROI reaches 141.32% and total cumulative return in cash sums $255,674. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,478/mo property income rather than buyer’s personal income.
Single Family
Built in 2012
7,456 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21236, Nottingham, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,587 (100%) |
| Owner Occupied HU | 11,831 (67.3%) |
| Renter Occupied HU | 4,960 (28.2%) |
| Vacant Housing Units | 796 ( 4.5%) |
| Median Home Value | $345,118 |
| Average Home Value | $376,114 |
Housing Distribution
Address Breakdown
Residential
16,803
Single Family
12,864
Multi-Family
3,939
Businesses
1,305
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Listed by: Heather Crawford • Redfin Corp
Mls Name: Bright MLS
Mls ID: #MDBC2148310