15818 Carroll Rd, Monkton, MD, 21111 | 1.63% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Monkton at 15818 Carroll Rd, Monkton, MD, 21111 generates $1,696/mo in rent, after a $6,113/mo payment. Total monthly income is $1,696/mo. Return on cash invested sits at 2.36% in year one, and rental yield is 1.63% on a $1,249,000 entry. Equity gained on principal adds $8,060/yr, while 5% annual appreciation builds toward $345,076 over five years. Five-year ROI reaches 8.71% and total cumulative return in cash sums $35,243. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,696/mo property income rather than buyer’s personal income.

Single Family

Built in 1975

8.80 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 21111, Monkton, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,955 (100%)
Owner Occupied HU	1,710 (87.5%)
Renter Occupied HU	168 ( 8.6%)
Vacant Housing Units	77 ( 3.9%)
Median Home Value	$666,554
Average Home Value	$718,474