8942 Chesapeake Lighthouse DrNorth BeachMD20714
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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 North Beach at 8942 Chesapeake Lighthouse Dr, North Beach, MD, 20714 earns $547/mo cash flow from $2,599/mo rent with a $1,615/mo payment. Total monthly income totals $2,599/mo, and annual cash flow totals $6,561/yr on $109,395 capital. ROI tracks 25.91% on current figures, and rental yield reads 9.45% at a $330,000 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,173 over five years. Five-year ROI reaches 135.04% and total cumulative return in cash sums $147,731. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,599/mo property income instead of your personal income.
Townhouse
Built in 1990
1,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20714, North Beach, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,951 (100%) |
| Owner Occupied HU | 1,169 (59.9%) |
| Renter Occupied HU | 511 (26.2%) |
| Vacant Housing Units | 271 (13.9%) |
| Median Home Value | $425,709 |
| Average Home Value | $503,644 |
Housing Distribution
Address Breakdown
Residential
1,519
Single Family
1,290
Multi-Family
229
Businesses
125
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Listed by: Linda Stock • RE/MAX One
Mls Name: Bright MLS
Mls ID: #MDCA2022992