90 Jones Chapel RdElktonMD21921
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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 Elkton at 90 Jones Chapel Rd, Elkton, MD, 21921 with 5% annual appreciation on a $275,000 basis while $1,904/mo rent supports operations. Total monthly income totals $1,904/mo and a $1,346/mo payment preserves $194/mo for cash returns. Annual cash flow comes to $2,324/yr on $91,163 deployed, and return on cash invested reaches 22.46% in year one. Equity gained on principal adds $1,775/yr, and five-year appreciation sums $75,977 alongside rental yield of 8.31%. Five-year ROI measures 116.57% and total cumulative return in cash totals $106,271.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,904/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1961
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21921, Elkton, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,232 (100%) |
| Owner Occupied HU | 12,221 (63.5%) |
| Renter Occupied HU | 5,679 (29.5%) |
| Vacant Housing Units | 1,332 ( 6.9%) |
| Median Home Value | $352,617 |
| Average Home Value | $392,461 |
Housing Distribution
Address Breakdown
Residential
17,982
Single Family
17,763
Multi-Family
219
Businesses
995
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