1217 Random Ridge RdWestminsterMD21157
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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 Westminster at 1217 Random Ridge Rd, Westminster, MD, 21157 uses $182,595 cash to close to unlock $2,071/yr annual cash flow and $173/mo monthly cash flow. Total monthly income runs $3,624/mo, and a $2,716/mo payment keeps the spread at $173/mo. Purchase price stands at $555,000, and rental yield measures 7.84% with $3,624/mo rent. Return on cash invested shows 21.19% in year one, and 5% annual appreciation builds toward $153,336 over five years. Five-year ROI reaches 109.75% and total cumulative return in cash records $200,396. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,624/mo property income covering a $2,716/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21157, Westminster, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,358 (100%) |
| Owner Occupied HU | 11,007 (71.7%) |
| Renter Occupied HU | 3,696 (24.1%) |
| Vacant Housing Units | 655 ( 4.3%) |
| Median Home Value | $438,695 |
| Average Home Value | $477,453 |
Housing Distribution
Address Breakdown
Residential
14,992
Single Family
14,137
Multi-Family
855
Businesses
1,432
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Listed by: Igor Maltsev • Keller Williams Legacy
Mls Name: Bright MLS
Mls ID: #MDCR2030850