9 41st St UNIT 125Ocean CityMD21842
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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 Ocean City at 9 41st St UNIT 125, Ocean City, MD, 21842 earns $27/mo cash flow from $1,832/mo rent with a $1,322/mo payment. Total monthly income totals $1,832/mo, and annual cash flow totals $327/yr on $89,505 capital. ROI tracks 20.27% on current figures, and rental yield reads 8.14% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 105.47% and total cumulative return in cash sums $94,405. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,832/mo property income instead of your personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
$125 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21842, Ocean City, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,930 (100%) |
| Owner Occupied HU | 4,053 (12.3%) |
| Renter Occupied HU | 1,593 ( 4.8%) |
| Vacant Housing Units | 27,284 (82.9%) |
| Median Home Value | $504,097 |
| Average Home Value | $573,881 |
Housing Distribution
Address Breakdown
Residential
7,594
Single Family
6,265
Multi-Family
1,329
Businesses
1,500
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Listed by: N/A • N/A
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