Caroline Plan, Tanyard Shores 55+ Villas,Burnie,MD,21060

Investment Highlights

Investment property for sale in Burnie at Caroline Plan, Tanyard Shores 55+ Villas, Burnie, MD, 21060 offers a 9.29% rental yield on a $481,990 purchase with $3,733/mo rent. Total monthly income registers $3,733/mo, and a $2,359/mo payment leaves $735/mo available for distribution. Annual cash flow reaches $8,824/yr on $159,780 to close, and return on cash invested stands at 25.43% in year one. Equity gained on principal adds $3,110/yr while 5% annual appreciation supports $133,165 over five years. Portfolio math shows five-year ROI at 132.52% and total cumulative return in cash at $211,733. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,733/mo property income against a $2,359/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.