9792 Martingham Cir #B-4St MichaelsMD21663
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
Investment Highlights
Investment property for sale in St Michaels at 9792 Martingham Cir #B-4, St Michaels, MD, 21663 listed at $975,000 pairs $3,073/mo rent with a $4,772/mo payment. Total monthly income runs $3,073/mo. Return on cash invested measures 8.87% in year one, and rental yield registers 3.78% at a $975,000 basis. Equity gained on principal adds $6,292/yr, and annual property appreciation at 5% supports $269,375 by year five. Five-year ROI tracks 43.67% and total cumulative return in cash totals $140,079. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,073/mo property income relative to a $4,772/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1990
2,268 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21663, Saint Michaels, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,116 (100%) |
| Owner Occupied HU | 1,125 (53.2%) |
| Renter Occupied HU | 394 (18.6%) |
| Vacant Housing Units | 597 (28.2%) |
| Median Home Value | $691,382 |
| Average Home Value | $890,696 |
Housing Distribution
Address Breakdown
Residential
1,549
Single Family
1,549
Multi-Family
0
Businesses
211
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Listed by: Keith Hensley • Meredith Fine Properties
Mls Name: Bright MLS
Mls ID: #MDTA2012490