Shore DrNorth eastMD21901
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
Rental property for sale in North east at Shore Dr, North east, MD, 21901 offers $3,127/mo rent that, after a $875/mo payment, leaves $2,015/mo cash flow. Total monthly income is $3,127/mo, and annual cash flow is $24,176/yr on $59,239 cash. Return on cash invested measures 60.72% in year one, and rental yield stands at 21% at a $178,700 entry. Equity gained on principal adds $1,153/yr while 5% annual appreciation compounds into $49,372 by year five. Five-year ROI records 321.75% and total cumulative return in cash reaches $190,601. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,127/mo property income versus a $875/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21901, North East, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,213 (100%) |
| Owner Occupied HU | 5,121 (62.4%) |
| Renter Occupied HU | 2,190 (26.7%) |
| Vacant Housing Units | 902 (11.0%) |
| Median Home Value | $395,977 |
| Average Home Value | $418,006 |
Housing Distribution
Address Breakdown
Residential
7,934
Single Family
7,364
Multi-Family
570
Businesses
460
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
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