LOT 2604 Shore Dr #2605EdgewaterMD21037
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at LOT 2604 Shore Dr #2605, Edgewater, MD, 21037 in Edgewater. Priced at $135,000, it generates $3,612/mo in gross rent and $2,772/mo in net monthly cash flow, a 32.11% yield that comfortably supports the 5.95 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $33,268. Five-year appreciation: $37,298. Equity from principal paydown: $1,243/yr. Total projected cumulative return: $229,658.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 32.1% | 6.2% |
| Monthly Cash Flow | $2,772 | $350 |
City averages based on Edgewater market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,612 |
| Total Monthly Debt Service | $786 |
| DSCR Ratio | 4.60x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Lot
Built in N/A
3,675 sqft lot
$N/A/sqft
No HOA
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
Lot
Built in N/A
3,675 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices