78 Mule Deer CtElktonMD21921
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 78 Mule Deer Ct, Elkton, MD, 21921 in Elkton deserves attention. This $279,900 property earns $2,388/mo in rent, a 10.24% gross yield, and nets $647/mo after the $1,259/mo payment. DSCR 1.90 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $77,331 compounds alongside $2,578/yr in yearly equity build, for a total cumulative return of $147,844.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.2% |
| Monthly Cash Flow | $647 | $1,500 |
City averages based on Elkton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,388 |
| Total Monthly Debt Service | $1,629 |
| DSCR Ratio | 1.47x |
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.
Townhouse
Built in 2001
2,772 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21921, Elkton, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,232 (100%) |
| Owner Occupied HU | 12,221 (63.5%) |
| Renter Occupied HU | 5,679 (29.5%) |
| Vacant Housing Units | 1,332 ( 6.9%) |
| Median Home Value | $352,617 |
| Average Home Value | $392,461 |
Housing Distribution
Address Breakdown
Residential
17,982
Single Family
17,763
Multi-Family
219
Businesses
995
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
Townhouse
Built in 2001
2,772 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21921, Elkton, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,232 (100%) |
| Owner Occupied HU | 12,221 (63.5%) |
| Renter Occupied HU | 5,679 (29.5%) |
| Vacant Housing Units | 1,332 ( 6.9%) |
| Median Home Value | $352,617 |
| Average Home Value | $392,461 |
Housing Distribution
Address Breakdown
Residential
17,982
Single Family
17,763
Multi-Family
219
Businesses
995
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices