1312 Scottsdale Dr Unit 261Bel 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 1312 Scottsdale Dr Unit 261, Bel Air, MD, 21015 offers a 9.97% rental yield on a $289,900 purchase with $2,408/mo rent. Total monthly income registers $2,408/mo, and a $1,419/mo payment leaves $605/mo available for distribution. Annual cash flow reaches $7,259/yr on $96,102 to close, and return on cash invested stands at 27.46% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,094 over five years. Portfolio math shows five-year ROI at 143.38% and total cumulative return in cash at $137,793. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,408/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2000
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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