12410 Hanford CtMonroviaMD21770
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 12410 Hanford Ct, Monrovia, MD, 21770 in Monrovia: $4,751/mo in rent, $403/mo in net income, 8.16% gross yield, 1.51 DSCR, all at $699,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $193,121 in appreciation and $6,438/yr in principal paydown projects total cumulative return of $291,117.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.2% |
| Monthly Cash Flow | $403 | $850 |
City averages based on Monrovia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,751 |
| Total Monthly Debt Service | $4,069 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2001
1.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21770, Monrovia, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,971 (100%) |
| Owner Occupied HU | 2,804 (94.4%) |
| Renter Occupied HU | 102 ( 3.4%) |
| Vacant Housing Units | 65 ( 2.2%) |
| Median Home Value | $657,652 |
| Average Home Value | $689,638 |
Housing Distribution
Address Breakdown
Residential
2,955
Single Family
2,955
Multi-Family
0
Businesses
187
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
Single Family
Built in 2001
1.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21770, Monrovia, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,971 (100%) |
| Owner Occupied HU | 2,804 (94.4%) |
| Renter Occupied HU | 102 ( 3.4%) |
| Vacant Housing Units | 65 ( 2.2%) |
| Median Home Value | $657,652 |
| Average Home Value | $689,638 |
Housing Distribution
Address Breakdown
Residential
2,955
Single Family
2,955
Multi-Family
0
Businesses
187
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices