OFF_MARKETNeutral Deal3 days on market

171 Ocean Oval Dr

171 Ocean Oval Dr, Berlin, MD 21811, Berlin, MD 21811
$170,000
Zestimate®:$164,500

Listing Price

Property image 1
171 Ocean Oval Dr, Berlin, MD 21811
Loc: Berlin, MD
Days Listed
3
Zestimate®
$165k
Market Rate
Lot Size
2,156 sqft
Rent Estimate
$1,492/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

8

Showell Elementary School

PK-4
1.9 mi away
10

Stephen Decatur Middle School

7-8
4.9 mi away
7

Stephen Decatur High School

9-12
4.6 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
6.31%
Total ROI
96.1%
Cash Flow
$12/mo
DSCR
1.01
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-07-16Listing removed$170,000
2026-07-10Contingent$170,000
2026-05-01Listed for sale$170,000
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
1
Sq Ft
576
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $170,000Rent Basis: Observed Comp Model ($1,492/mo)State Tax Benchmark: 1.09% (MD)Hazard Reserve: $100/mo
Haven ScoreNeutral
4/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.31%

NOI: $10,733/yr

Cash-on-Cash Yield
0.4%

On $39,100 invested

DSCR Ratio
1.01x

Tight qualification

5-Yr Leveraged ROI
+96.1%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (1.09% of basis)-$154/mo
Homeowner / Hazard Insurance-$100/mo
Vacancy Reserve (5% of rent)-$75/mo
Repairs & Maintenance (10% of rent)-$149/mo
Property Management (8% of rent)-$119/mo
Total Pure Operating Expenses-$598/mo
Net Investor Cash Flow
Gross Scheduled Rent+$1,492/mo
Less: Operating Expenses-$598/mo
Net Operating Income (NOI)+$894/mo
Less: Debt Service (30yr @ 6.75%)-$882/mo
Net Cash Flow
$12/mo
$148/year
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