15 Gloucester CtReisterstownMD21136
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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 Reisterstown at 15 Gloucester Ct, Reisterstown, MD, 21136 offers a 11.73% rental yield on a $329,900 purchase with $3,226/mo rent. Total monthly income registers $3,226/mo, and a $1,615/mo payment leaves $1,174/mo available for distribution. Annual cash flow reaches $14,087/yr on $109,362 to close, and return on cash invested stands at 32.79% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,145 over five years. Portfolio math shows five-year ROI at 171.96% and total cumulative return in cash at $188,055. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,226/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1989
3,665 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21136, Reisterstown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,998 (100%) |
| Owner Occupied HU | 9,995 (71.4%) |
| Renter Occupied HU | 3,338 (23.8%) |
| Vacant Housing Units | 665 ( 4.8%) |
| Median Home Value | $462,618 |
| Average Home Value | $529,704 |
Housing Distribution
Address Breakdown
Residential
13,666
Single Family
11,277
Multi-Family
2,389
Businesses
695
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Listed by: David Stella • Corner House Realty
Mls Name: Bright MLS
Mls ID: #MDBC2134966