140 Royal Oak Dr APT CBel 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
Rental property for sale in Bel Air at 140 Royal Oak Dr APT C, Bel Air, MD, 21015 priced at $175,000 pairs $1,362/mo rent with $273/mo cash flow after a $857/mo payment. Total monthly income equals $1,362/mo, and annual cash flow comes to $3,277/yr on $58,013 invested. Return on cash invested is 25.56% in year one, and rental yield stands at 9.34% on a $175,000 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,349 by year five. Five-year ROI measures 133.27% and total cumulative return in cash reaches $77,311. For financing, Ziffy Mortgage’s DSCR program evaluates $1,362/mo property income against a $857/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1973
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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