1524 Ridge RdWhitefordMD21160
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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 Whiteford at 1524 Ridge Rd, Whiteford, MD, 21160 generates $1,963/mo in rent and, after a $1,346/mo payment, leaves $253/mo in cash flow. Total monthly income is $1,963/mo, and annual cash flow is $3,032/yr on $91,163 invested. Return on cash invested sits at 23.23% in year one, and rental yield is 8.57% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 120.73% and total cumulative return in cash sums $110,063. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,963/mo property income rather than buyer’s personal income.
Manufactured
Built in 1980
2.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21160, Whiteford, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 970 (100%) |
| Owner Occupied HU | 762 (78.6%) |
| Renter Occupied HU | 163 (16.8%) |
| Vacant Housing Units | 45 ( 4.6%) |
| Median Home Value | $537,383 |
| Average Home Value | $544,915 |
Housing Distribution
Address Breakdown
Residential
938
Single Family
938
Multi-Family
0
Businesses
80
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