116 Kingston Park LnMiddle RiverMD21220
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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 Middle River at 116 Kingston Park Ln, Middle River, MD, 21220 priced at $620,000 converts $2,122/mo rent into after a $3,035/mo obligation. Total monthly income equals $2,122/mo. Return on cash invested prints 9.86% in year one, and rental yield reads 4.11% against a $620,000 entry. Equity gained on principal adds $4,001/yr, while 5% annual appreciation compiles into $171,295 by year five. Five-year ROI reaches 48.95% and total cumulative return in cash sums $99,843. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,122/mo property income covering a $3,035/mo payment, not borrower’s personal income.
Single Family
Built in 1924
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21220, Middle River, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,638 (100%) |
| Owner Occupied HU | 11,529 (61.9%) |
| Renter Occupied HU | 5,869 (31.5%) |
| Vacant Housing Units | 1,240 ( 6.7%) |
| Median Home Value | $340,792 |
| Average Home Value | $401,193 |
Housing Distribution
Address Breakdown
Residential
18,191
Single Family
15,961
Multi-Family
2,230
Businesses
865
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Listed by: Mandy Kaur • Redfin Corp
Mls Name: Bright MLS
Mls ID: #MDBC2139766