9 79th St UNIT 3W, Ocean City, MD, 21842 | $269/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Ocean City at 9 79th St UNIT 3W, Ocean City, MD, 21842 generates $2,912/mo in rent and, after a $2,080/mo payment, leaves $269/mo in cash flow. Total monthly income is $2,912/mo, and annual cash flow is $3,227/yr on $140,888 invested. Return on cash invested sits at 22.2% in year one, and rental yield is 8.22% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 115.16% and total cumulative return in cash sums $162,245. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,912/mo property income rather than buyer’s personal income.

Condo

Built in 1966

N/A lot

$N/A/sqft

No 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