107 Sunshine CtForest HillMD21050
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
Rental property for sale in Forest Hill at 107 Sunshine Ct, Forest Hill, MD, 21050 priced at $300,000 converts $2,387/mo rent into $522/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,387/mo, and annual cash flow totals $6,258/yr on $99,450 invested. Return on cash invested prints 26.2% in year one, and rental yield reads 9.55% against a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation compiles into $82,884 by year five. Five-year ROI reaches 136.65% and total cumulative return in cash sums $135,900. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,387/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Condo
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21050, Forest Hill, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,018 (100%) |
| Owner Occupied HU | 6,173 (88.0%) |
| Renter Occupied HU | 667 ( 9.5%) |
| Vacant Housing Units | 178 ( 2.5%) |
| Median Home Value | $520,043 |
| Average Home Value | $540,450 |
Housing Distribution
Address Breakdown
Residential
7,010
Single Family
6,235
Multi-Family
775
Businesses
550
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Timothy Langhauser • Compass Home Group, LLC
Mls Name: Bright MLS
Mls ID: #MDHR2051212