8875 Locust Grove DrPort TobaccoMD20677
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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 Port Tobacco at 8875 Locust Grove Dr, Port Tobacco, MD, 20677 earns $530/mo cash flow from $5,318/mo rent with a $3,768/mo payment. Total monthly income totals $5,318/mo, and annual cash flow totals $6,359/yr on $253,297 capital. ROI tracks 22.57% on current figures, and rental yield reads 8.29% at a $769,900 purchase. Equity gained on principal adds $4,968/yr, and 5% annual appreciation supports $212,709 over five years. Five-year ROI reaches 117.12% and total cumulative return in cash sums $296,653. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,318/mo property income instead of your personal income.
Single Family
Built in 1999
2.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20677, Port Tobacco, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 984 (100%) |
| Owner Occupied HU | 859 (87.3%) |
| Renter Occupied HU | 79 ( 8.0%) |
| Vacant Housing Units | 46 ( 4.7%) |
| Median Home Value | $561,499 |
| Average Home Value | $577,354 |
Housing Distribution
Address Breakdown
Residential
881
Single Family
881
Multi-Family
0
Businesses
64
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Listed by: Mary Chambers • JPAR Real Estate Professionals
Mls Name: Bright MLS
Mls ID: #MDCH2048366