85 Greenhaven DrElktonMD21921
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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
Investment Highlights
Rental property for sale in Elkton at 85 Greenhaven Dr, Elkton, MD, 21921 offers $3,464/mo rent that, after a $7,631/mo payment. Total monthly income is $3,464/mo. Return on cash invested measures 5.56% in year one, and rental yield stands at 2.67% at a $1,559,000 entry. Equity gained on principal adds $10,060/yr while 5% annual appreciation compounds into $430,723 by year five. Five-year ROI records 25.86% and total cumulative return in cash reaches $130,615. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,464/mo property income versus a $7,631/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
31.66 Acres 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
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