82 E Main StLonaconingMD21539
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 82 E Main St, Lonaconing, MD, 21539 in Lonaconing the bet is firmly on appreciation. Rental yield 0%. The 0% gross yield on a $169,900 price is below income-first thresholds, but 5%/yr value growth projects $46,940 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.00) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $300 |
City averages based on Lonaconing market data in our database. Property projections are estimates.
Single Family
Built in 1920
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21539, Lonaconing, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,201 (100%) |
| Owner Occupied HU | 762 (63.4%) |
| Renter Occupied HU | 275 (22.9%) |
| Vacant Housing Units | 164 (13.7%) |
| Median Home Value | $112,500 |
| Average Home Value | $205,974 |
Housing Distribution
Address Breakdown
Residential
1,098
Single Family
1,062
Multi-Family
36
Businesses
51
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1920
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21539, Lonaconing, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,201 (100%) |
| Owner Occupied HU | 762 (63.4%) |
| Renter Occupied HU | 275 (22.9%) |
| Vacant Housing Units | 164 (13.7%) |
| Median Home Value | $112,500 |
| Average Home Value | $205,974 |
Housing Distribution
Address Breakdown
Residential
1,098
Single Family
1,062
Multi-Family
36
Businesses
51
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Seth LOAR • Coldwell Banker Premier
Mls Name: Bright MLS
Mls ID: #MDAL2013370