118 Mardan DrReisterstownMD21136
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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
Investment property for sale in Reisterstown at 118 Mardan Dr, Reisterstown, MD, 21136 uses $122,622 cash to close to unlock $14,003/yr annual cash flow and $1,167/mo monthly cash flow. Total monthly income runs $3,467/mo, and a $1,810/mo payment keeps the spread at $1,167/mo. Purchase price stands at $369,900, and rental yield measures 11.25% with $3,467/mo rent. Return on cash invested shows 31.33% in year one, and 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 164.1% and total cumulative return in cash records $201,226. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,467/mo property income covering a $1,810/mo payment rather than investor’s personal income.
Single Family
Built in 1987
6,369 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21136, Reisterstown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,998 (100%) |
| Owner Occupied HU | 9,995 (71.4%) |
| Renter Occupied HU | 3,338 (23.8%) |
| Vacant Housing Units | 665 ( 4.8%) |
| Median Home Value | $462,618 |
| Average Home Value | $529,704 |
Housing Distribution
Address Breakdown
Residential
13,666
Single Family
11,277
Multi-Family
2,389
Businesses
695
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Listed by: Laura Stang • L. P. Calomeris Realty
Mls Name: Bright MLS
Mls ID: #MDBC2144682