114 Colony CtWalkersvilleMD21793
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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
Rental property for sale in Walkersville at 114 Colony Ct, Walkersville, MD, 21793 priced at $368,000 converts $2,563/mo rent into $274/mo cash flow after a $1,801/mo obligation. Total monthly income equals $2,563/mo, and annual cash flow totals $3,293/yr on $121,992 invested. Return on cash invested prints 22.61% in year one, and rental yield reads 8.36% against a $368,000 entry. Equity gained on principal adds $2,375/yr, while 5% annual appreciation compiles into $101,672 by year five. Five-year ROI reaches 117.38% and total cumulative return in cash sums $143,197. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,563/mo property income covering a $1,801/mo payment, not borrower’s personal income.
Townhouse
Built in 1983
1,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21793, Walkersville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,921 (100%) |
| Owner Occupied HU | 3,178 (81.1%) |
| Renter Occupied HU | 629 (16.0%) |
| Vacant Housing Units | 114 ( 2.9%) |
| Median Home Value | $474,880 |
| Average Home Value | $498,520 |
Housing Distribution
Address Breakdown
Residential
3,810
Single Family
3,610
Multi-Family
200
Businesses
215
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Listed by: Jason Greenwald • Independent Realty, Inc
Mls Name: Bright MLS
Mls ID: #MDFR2074246