1307 Scottsdale Dr UNIT 317Bel AirMD21015
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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 Bel Air at 1307 Scottsdale Dr UNIT 317, Bel Air, MD, 21015 uses $96,102 cash to close to unlock $5,159/yr annual cash flow and $430/mo monthly cash flow. Total monthly income runs $2,233/mo, and a $1,419/mo payment keeps the spread at $430/mo. Purchase price stands at $289,900, and rental yield measures 9.24% with $2,233/mo rent. Return on cash invested shows 25.28% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 131.66% and total cumulative return in cash records $126,525. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,233/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21015, Bel Air, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,883 (100%) |
| Owner Occupied HU | 9,833 (82.7%) |
| Renter Occupied HU | 1,560 (13.1%) |
| Vacant Housing Units | 490 ( 4.1%) |
| Median Home Value | $508,572 |
| Average Home Value | $561,437 |
Housing Distribution
Address Breakdown
Residential
11,837
Single Family
10,424
Multi-Family
1,413
Businesses
484
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