101 Butterfly Dr #106TaneytownMD21787
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
Investment property for sale in Taneytown at 101 Butterfly Dr #106, Taneytown, MD, 21787 uses $129,252 cash to close to unlock $2,441/yr annual cash flow and $203/mo monthly cash flow. Total monthly income runs $2,628/mo, and a $1,908/mo payment keeps the spread at $203/mo. Purchase price stands at $389,900, and rental yield measures 8.09% with $2,628/mo rent. Return on cash invested shows 21.8% in year one, and 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 113.03% and total cumulative return in cash records $146,089. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,628/mo property income covering a $1,908/mo payment rather than investor’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21787, Taneytown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,813 (100%) |
| Owner Occupied HU | 3,820 (79.4%) |
| Renter Occupied HU | 761 (15.8%) |
| Vacant Housing Units | 232 ( 4.8%) |
| Median Home Value | $367,543 |
| Average Home Value | $413,278 |
Housing Distribution
Address Breakdown
Residential
4,790
Single Family
4,742
Multi-Family
48
Businesses
225
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices