12011 Tralee Rd UNIT 101Lutherville TimoniumMD21093
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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 Lutherville Timonium at 12011 Tralee Rd UNIT 101, Lutherville Timonium, MD, 21093 offers a 8.59% rental yield on a $399,700 purchase with $2,861/mo rent. Total monthly income registers $2,861/mo, and a $1,956/mo payment leaves $375/mo available for distribution. Annual cash flow reaches $4,505/yr on $132,501 to close, and return on cash invested stands at 23.31% in year one. Equity gained on principal adds $2,579/yr while 5% annual appreciation supports $110,430 over five years. Portfolio math shows five-year ROI at 121.13% and total cumulative return in cash at $160,494. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,861/mo property income against a $1,956/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21093, Lutherville Timonium, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,522 (100%) |
| Owner Occupied HU | 12,798 (77.5%) |
| Renter Occupied HU | 2,999 (18.2%) |
| Vacant Housing Units | 725 ( 4.4%) |
| Median Home Value | $511,519 |
| Average Home Value | $601,915 |
Housing Distribution
Address Breakdown
Residential
16,570
Single Family
11,950
Multi-Family
4,620
Businesses
1,469
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Listed by: Jessica May • Cummings & Co. Realtors
Mls Name: Bright MLS
Mls ID: #MDBC2137962