10540 Faulkner Ridge Cir UNIT 6-4, Columbia, MD, 21044 | $1,004/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

10540 Faulkner Ridge Cir UNIT 6-4, Columbia, MD, 21044 | $1,004/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
2115 sft

754 Princeton Pl #1, Rockville, MD, 20850

2 Bed
1 Bath
931 sft

3703 Harmon Ave, Hyattsville, MD, 20784

5 Bed
5 Bath
5477 sft

Greystone Plan, PCI - 22101, Mc Lean, VA, 22101

3 Bed
3 Bath
2046 sft

18508 Queen Elizabeth Dr, Olney, MD, 20832

Nearby investment properties with comparable prices

3 Bed
2 Bath
1050 sft

5007 53rd Pl, Hyattsville, MD, 20781

2 Bed
3 Bath
1312 sft

9900 Georgia Ave #27-203, Silver Spring, MD, 20902

3 Bed
2 Bath
1049 sft

14203 Woolen Oak Ct APT 8-31, Silver Spring, MD, 20906

2 Bed
2 Bath
1321 sft

2904 N Leisure World Blvd APT 216, Silver Spring, MD, 20906

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Columbia at 10540 Faulkner Ridge Cir UNIT 6-4, Columbia, MD, 21044 uses $91,163 cash to close to unlock $12,044/yr annual cash flow and $1,004/mo monthly cash flow. Total monthly income runs $2,714/mo, and a $1,346/mo payment keeps the spread at $1,004/mo. Purchase price stands at $275,000, and rental yield measures 11.84% with $2,714/mo rent. Return on cash invested shows 33.12% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 173.73% and total cumulative return in cash records $158,375. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,714/mo property income covering a $1,346/mo payment rather than investor’s personal income.

Condo

Built in 1983

N/A lot

$N/A/sqft

No HOA

More details about the property

Charming Ground-Floor Condo in the Heart of Columbia! Welcome to this beautifully maintained 2-bedroom, 2-bath condo located in the sought-after Village of Wilde Lake communityjust minutes from all that Columbia has to offer. Tucked into a peaceful, tree-lined community, this spacious unit offers comfort, convenience, and modern living all on one level. Step inside to an open and inviting floor plan featuring a light-filled living room with sliding glass doors that lead to a private patioperfect for enjoying your morning coffee or evening breeze. The adjacent dining area flows seamlessly into a well-appointed kitchen with granite countertops, stainless steel appliances, and ample cabinetry. The generous primary suite features a walk-in closet and a private en-suite bath. A second bedroom and full hall bath offer flexibility for guests, a home office, or roommate living. Additional features include in-unit laundry, updated flooring and paint. Enjoy the convenience of ground-floor living and easy access to scenic walking paths, tot lots, and nearby Wilde Lake. Just minutes from the Columbia Mall, Merriweather Post Pavilion, Howard County Library, and major commuter routes (Rt. 29, Rt. 32, and I-95), this location cant be beat. Low-maintenance living in one of Columbias most established neighborhoodsschedule your tour today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 21044, Columbia, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,678 (100%)
Owner Occupied HU	11,050 (53.4%)
Renter Occupied HU	8,488 (41.0%)
Vacant Housing Units	1,140 ( 5.5%)
Median Home Value	$629,747
Average Home Value	$657,495