1402 Bonnett Pl UNIT 137Bel 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 1402 Bonnett Pl UNIT 137, Bel Air, MD, 21015 uses $91,163 cash to close to unlock $8,036/yr annual cash flow and $670/mo monthly cash flow. Total monthly income runs $2,380/mo, and a $1,346/mo payment keeps the spread at $670/mo. Purchase price stands at $275,000, and rental yield measures 10.39% with $2,380/mo rent. Return on cash invested shows 28.72% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 150.17% and total cumulative return in cash records $136,895. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,380/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Apartment
Built in 1998
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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