89 W Peppermint DrPt DepositMD21904
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 89 W Peppermint Dr, Pt Deposit, MD, 21904 in Pt Deposit hard to pass up. The 12.15% gross yield on a $275,000 purchase results in $2,784/mo in rent and $1,074/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.25). Annual cash flow of $12,884, five-year appreciation of $75,977, and $2,533/yr in equity build-up combine for a projected total cumulative return of $173,391.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.2% | 7.0% |
| Monthly Cash Flow | $1,074 | $180 |
City averages based on Pt Deposit market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,784 |
| Total Monthly Debt Service | $1,601 |
| DSCR Ratio | 1.74x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1988
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21904, Port Deposit, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,913 (100%) |
| Owner Occupied HU | 2,243 (77.0%) |
| Renter Occupied HU | 386 (13.3%) |
| Vacant Housing Units | 284 ( 9.7%) |
| Median Home Value | $357,517 |
| Average Home Value | $372,179 |
Housing Distribution
Address Breakdown
Residential
2,704
Single Family
2,680
Multi-Family
24
Businesses
101
Nearby investment properties with comparable rents
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
Single Family
Built in 1988
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21904, Port Deposit, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,913 (100%) |
| Owner Occupied HU | 2,243 (77.0%) |
| Renter Occupied HU | 386 (13.3%) |
| Vacant Housing Units | 284 ( 9.7%) |
| Median Home Value | $357,517 |
| Average Home Value | $372,179 |
Housing Distribution
Address Breakdown
Residential
2,704
Single Family
2,680
Multi-Family
24
Businesses
101
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices