1407 Bonnett Pl UNIT 186Bel 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 1407 Bonnett Pl UNIT 186, Bel Air, MD, 21015 uses $82,842 cash to close to unlock $7,607/yr annual cash flow and $634/mo monthly cash flow. Total monthly income runs $2,188/mo, and a $1,223/mo payment keeps the spread at $634/mo. Purchase price stands at $249,900, and rental yield measures 10.51% with $2,188/mo rent. Return on cash invested shows 29.09% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 152.13% and total cumulative return in cash records $126,026. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,188/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Apartment
Built in 2001
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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