Severn Plan, K. Hovnanian's® Four Seasons at Kent Island - Luxury CondosChesterMD21619
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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 Chester at Severn Plan, K. Total monthly income runs $4,590/mo, and a $3,621/mo payment. Purchase price stands at $739,900, and rental yield measures 7.44% with $4,590/mo rent. Return on cash invested shows 20% in year one, and 5% annual appreciation builds toward $204,421 over five years. Five-year ROI reaches 103.36% and total cumulative return in cash records $251,607. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,590/mo property income covering a $3,621/mo payment rather than investor’s personal income.
Condo
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21619, Chester, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,903 (100%) |
| Owner Occupied HU | 2,685 (68.8%) |
| Renter Occupied HU | 759 (19.4%) |
| Vacant Housing Units | 459 (11.8%) |
| Median Home Value | $495,127 |
| Average Home Value | $586,091 |
Housing Distribution
Address Breakdown
Residential
3,687
Single Family
3,273
Multi-Family
414
Businesses
348
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