112 Gwen Dr UNIT 1JForest 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
Investment property for sale in Forest Hill at 112 Gwen Dr UNIT 1J, Forest Hill, MD, 21050 offers a 11.7% rental yield on a $229,000 purchase with $2,233/mo rent. Total monthly income registers $2,233/mo, and a $1,121/mo payment leaves $809/mo available for distribution. Annual cash flow reaches $9,703/yr on $75,914 to close, and return on cash invested stands at 32.69% in year one. Equity gained on principal adds $1,478/yr while 5% annual appreciation supports $63,268 over five years. Portfolio math shows five-year ROI at 171.44% and total cumulative return in cash at $130,145. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,233/mo property income against a $1,121/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1995
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: Chris McDonald • Fathom Realty MD, LLC
Mls Name: Bright MLS
Mls ID: #MDHR2050338