11 Elphin Ct UNIT 301, Lutherville Timonium, MD, 21093 | $916/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1840 sft

12 Marissa Ct, Baltimore, MD, 21236

3 Bed
2 Bath
1170 sft

6728 Boston Ave, Baltimore, MD, 21222

2 Bed
2 Bath
1180 sft

202 Clifford Ln #1-M, Forest Hill, MD, 21050

3 Bed
2 Bath
1620 sft

3814 Roland View Ave, Baltimore, MD, 21215

Nearby investment properties with comparable prices

- Bed
2 Bath
1152 sft

5267 Cedonia Ave, Baltimore, MD, 21206

3 Bed
2 Bath
1178 sft

3716 Bonview Ave, Baltimore, MD, 21213

3 Bed
3 Bath
2177 sft

8265 Vosges Rd, Baltimore, MD, 21244

3 Bed
3 Bath
1276 sft

57 E Heath St, Baltimore, MD, 21230

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 Lutherville Timonium at 11 Elphin Ct UNIT 301, Lutherville Timonium, MD, 21093 offers a 11.33% rental yield on a $284,000 purchase with $2,682/mo rent. Total monthly income registers $2,682/mo, and a $1,390/mo payment leaves $916/mo available for distribution. Annual cash flow reaches $10,988/yr on $94,146 to close, and return on cash invested stands at 31.58% in year one. Equity gained on principal adds $1,833/yr while 5% annual appreciation supports $78,464 over five years. Portfolio math shows five-year ROI at 165.49% and total cumulative return in cash at $155,801. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,682/mo property income against a $1,390/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1986

1,291 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 21093, Lutherville Timonium, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,522 (100%)
Owner Occupied HU	12,798 (77.5%)
Renter Occupied HU	2,999 (18.2%)
Vacant Housing Units	725 ( 4.4%)
Median Home Value	$511,519
Average Home Value	$601,915