For SaleRisky Deal6 days on market
9400 Coastal Hwy Unit 301
9400 Coastal Hwy Unit 301, Ocean City, MD 21842, Ocean City, MD 21842
$425,000
Listing Price
9400 Coastal Hwy Unit 301, Ocean City, MD 21842
Loc: Ocean City, MD
Days Listed
6
Tax Assessed
$338k
Type
condo
More Than Just a Property
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4.9
Safety Score
A+
Schools
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
high-risebeachfrontoceanfrontcondominiummodernbalconyswimming poolcoastalvacation rentalparking lotwater viewopen conceptfurnished
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.17%
Total ROI
93.1%
Cash Flow
$-18/mo
DSCR
0.99
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Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-18/mo net cash flow with a 6.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.2%)
- • Strong rental demand in Ocean City
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
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