8243 Meadowood DrHanoverMD21076
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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
Investment property for sale in Hanover at 8243 Meadowood Dr, Hanover, MD, 21076 listed at $604,900 pairs $4,310/mo rent with a $2,961/mo payment to leave $548/mo cash flow. Total monthly income runs $4,310/mo, and annual cash flow reaches $6,570/yr on $199,012 cash to close. Return on cash invested measures 23.36% in year one, and rental yield registers 8.55% at a $604,900 basis. Equity gained on principal adds $3,903/yr, and annual property appreciation at 5% supports $167,123 by year five. Five-year ROI tracks 121.37% and total cumulative return in cash totals $241,550. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,310/mo property income relative to a $2,961/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2017
2,465 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21076, Hanover, MD area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,958
Single Family
8,300
Multi-Family
2,658
Businesses
1,127
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