8951 Orchard DrChestertownMD21620
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder8951 Orchard Dr, Chestertown, MD, 21620 in Chestertown is a solid income-producing rental, 7.93% gross yield, $4,595/mo rent, $272/mo net cash flow on a $695,000 buy. DSCR 1.47 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $192,016 and $6,401/yr in principal reduction project a total cumulative return of $281,212.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 5.5% |
| Monthly Cash Flow | $272 | $850 |
City averages based on Chestertown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,595 |
| Total Monthly Debt Service | $4,046 |
| DSCR Ratio | 1.14x |
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 2014
2.81 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
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 2014
2.81 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah Ulrick • Rock Hall Properties Real Estate
Mls Name: Bright MLS
Mls ID: #MDKE2005836