8781 Lennox DrDelmarMD21875
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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 Delmar at 8781 Lennox Dr, Delmar, MD, 21875 uses $86,190 cash to close to unlock $3,798/yr annual cash flow and $317/mo monthly cash flow. Total monthly income runs $1,934/mo, and a $1,273/mo payment keeps the spread at $317/mo. Purchase price stands at $260,000, and rental yield measures 8.93% with $1,934/mo rent. Return on cash invested shows 24.32% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 126.54% and total cumulative return in cash records $109,061. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,934/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Single Family
Built in 2004
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21875, Delmar, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,151 (100%) |
| Owner Occupied HU | 2,055 (65.2%) |
| Renter Occupied HU | 916 (29.1%) |
| Vacant Housing Units | 180 ( 5.7%) |
| Median Home Value | $300,687 |
| Average Home Value | $312,591 |
Housing Distribution
Address Breakdown
Residential
3,066
Single Family
2,970
Multi-Family
96
Businesses
95
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