1226 Fairway DrWestminsterMD21158
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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 1226 Fairway Dr, Westminster, MD, 21158 uses $113,340 cash to close to unlock $7,080/yr annual cash flow and $590/mo monthly cash flow. Total monthly income runs $2,716/mo, and a $1,673/mo payment keeps the spread at $590/mo. Purchase price stands at $341,900, and rental yield measures 9.53% with $2,716/mo rent. Return on cash invested shows 26.16% in year one, and 5% annual appreciation builds toward $94,461 over five years. Five-year ROI reaches 136.36% and total cumulative return in cash records $154,551. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,716/mo property income covering a $1,673/mo payment rather than investor’s personal income.
Single Family
Built in 1997
4,909 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21158, Westminster, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,060 (100%) |
| Owner Occupied HU | 6,334 (78.6%) |
| Renter Occupied HU | 1,386 (17.2%) |
| Vacant Housing Units | 340 ( 4.2%) |
| Median Home Value | $444,306 |
| Average Home Value | $497,359 |
Housing Distribution
Address Breakdown
Residential
8,010
Single Family
7,474
Multi-Family
536
Businesses
429
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Listed by: Dan Borowy • Redfin Corp
Mls Name: Bright MLS
Mls ID: #MDCR2031272