101 Nichols St UNIT 6HBel AirMD21014
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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 Bel Air at 101 Nichols St UNIT 6H, Bel Air, MD, 21014 with 5% annual appreciation on a $287,000 basis while $2,538/mo rent supports operations. Total monthly income totals $2,538/mo and a $1,405/mo payment preserves $753/mo for cash returns. Annual cash flow comes to $9,033/yr on $95,141 deployed, and return on cash invested reaches 29.4% in year one. Equity gained on principal adds $1,852/yr, and five-year appreciation sums $79,293 alongside rental yield of 10.61%. Five-year ROI measures 153.8% and total cumulative return in cash totals $146,326.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,538/mo property income versus a $1,405/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21014, Bel Air, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,850 (100%) |
| Owner Occupied HU | 12,181 (76.9%) |
| Renter Occupied HU | 3,197 (20.2%) |
| Vacant Housing Units | 472 ( 3.0%) |
| Median Home Value | $457,293 |
| Average Home Value | $489,682 |
Housing Distribution
Address Breakdown
Residential
15,279
Single Family
11,936
Multi-Family
3,343
Businesses
1,492
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