12 Spring Forest CtOwings MillsMD21117
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 Owings Mills at 12 Spring Forest Ct, Owings Mills, MD, 21117 with 5% annual appreciation on a $1,525,000 basis while $2,370/mo rent supports operations. 09% in year one. Equity gained on principal adds $9,841/yr, and five-year appreciation sums $421,329 alongside rental yield of 1.86%. Five-year ROI measures 12.6% and total cumulative return in cash totals $62,268. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,370/mo property income versus a $7,464/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2002
2.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21117, Owings Mills, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,037 (100%) |
| Owner Occupied HU | 12,762 (49.0%) |
| Renter Occupied HU | 11,499 (44.2%) |
| Vacant Housing Units | 1,776 ( 6.8%) |
| Median Home Value | $420,475 |
| Average Home Value | $492,199 |
Housing Distribution
Address Breakdown
Residential
25,785
Single Family
15,012
Multi-Family
10,773
Businesses
1,909
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jason Perlow • Monument Sotheby's International Realty
Mls Name: Bright MLS
Mls ID: #MDBC2138798