8750 Georgetown RdChestertownMD21620
Nearby investment properties with comparable rents
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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 Chestertown at 8750 Georgetown Rd, Chestertown, MD, 21620 earns $312/mo cash flow from $2,390/mo rent with a $1,635/mo payment. Total monthly income totals $2,390/mo, and annual cash flow totals $3,749/yr on $110,721 capital. ROI tracks 23.3% on current figures, and rental yield reads 8.59% at a $334,000 purchase. Equity gained on principal adds $2,155/yr, and 5% annual appreciation supports $92,278 over five years. Five-year ROI reaches 121.07% and total cumulative return in cash sums $134,046. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,390/mo property income instead of your personal income.
Manufactured
Built in 2014
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21620, Chestertown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,256 (100%) |
| Owner Occupied HU | 3,591 (57.4%) |
| Renter Occupied HU | 1,696 (27.1%) |
| Vacant Housing Units | 969 (15.5%) |
| Median Home Value | $373,354 |
| Average Home Value | $477,344 |
Housing Distribution
Address Breakdown
Residential
5,889
Single Family
5,427
Multi-Family
462
Businesses
634
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Listed by: Mikeshia Lindsey • Chesapeake Real Estate Associates, LLC
Mls Name: Bright MLS
Mls ID: #MDKE2005834