1196 Tanager DrMillersvilleMD21108
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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 Millersville at 1196 Tanager Dr, Millersville, MD, 21108 uses $165,750 cash to close to unlock $7,746/yr annual cash flow and $646/mo monthly cash flow. Total monthly income runs $3,755/mo, and a $2,447/mo payment keeps the spread at $646/mo. Purchase price stands at $500,000, and rental yield measures 9.01% with $3,755/mo rent. Return on cash invested shows 24.58% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 127.94% and total cumulative return in cash records $212,060. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,755/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1964
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21108, Millersville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,115 (100%) |
| Owner Occupied HU | 5,811 (81.7%) |
| Renter Occupied HU | 1,102 (15.5%) |
| Vacant Housing Units | 202 ( 2.8%) |
| Median Home Value | $612,881 |
| Average Home Value | $630,284 |
Housing Distribution
Address Breakdown
Residential
7,091
Single Family
6,803
Multi-Family
288
Businesses
718
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Listed by: Jay Fischetti • Keller Williams Realty Centre
Mls Name: Bright MLS
Mls ID: #MDAA2122928