1309 Sheridan Pl UNIT 99Bel 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 1309 Sheridan Pl UNIT 99, Bel Air, MD, 21015 earns $450/mo cash flow from $2,066/mo rent with a $1,272/mo payment. Total monthly income totals $2,066/mo, and annual cash flow totals $5,396/yr on $86,157 capital. ROI tracks 26.17% on current figures, and rental yield reads 9.54% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Five-year ROI reaches 136.48% and total cumulative return in cash sums $117,586. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,066/mo property income instead of your personal income.
Condo
Built in 1996
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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