1404 Golden Rod Ct UNIT BBelcampMD21017
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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 Belcamp at 1404 Golden Rod Ct UNIT B, Belcamp, MD, 21017 offers a 9.1% rental yield on a $199,900 purchase with $1,516/mo rent. Total monthly income registers $1,516/mo, and a $978/mo payment leaves $273/mo available for distribution. Annual cash flow reaches $3,278/yr on $66,267 to close, and return on cash invested stands at 24.85% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 129.48% and total cumulative return in cash at $85,801. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,516/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21017, Belcamp, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,837 (100%) |
| Owner Occupied HU | 1,868 (65.8%) |
| Renter Occupied HU | 847 (29.9%) |
| Vacant Housing Units | 122 ( 4.3%) |
| Median Home Value | $340,898 |
| Average Home Value | $368,709 |
Housing Distribution
Address Breakdown
Residential
2,768
Single Family
2,378
Multi-Family
390
Businesses
193
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