16 Cypress Grove CtOwings MillsMD21117
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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 Owings Mills at 16 Cypress Grove Ct, Owings Mills, MD, 21117 earns $733/mo cash flow from $3,028/mo rent with a $1,806/mo payment. Total monthly income totals $3,028/mo, and annual cash flow totals $8,797/yr on $122,324 capital. ROI tracks 27.1% on current figures, and rental yield reads 9.85% at a $369,000 purchase. Equity gained on principal adds $2,381/yr, and 5% annual appreciation supports $101,948 over five years. Five-year ROI reaches 141.48% and total cumulative return in cash sums $173,067. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,028/mo property income instead of your personal income.
Townhouse
Built in 1998
1,554 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21117, Owings Mills, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,037 (100%) |
| Owner Occupied HU | 12,762 (49.0%) |
| Renter Occupied HU | 11,499 (44.2%) |
| Vacant Housing Units | 1,776 ( 6.8%) |
| Median Home Value | $420,475 |
| Average Home Value | $492,199 |
Housing Distribution
Address Breakdown
Residential
25,785
Single Family
15,012
Multi-Family
10,773
Businesses
1,909
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Listed by: Doug Lunenfeld • Keller Williams Capital Properties
Mls Name: Bright MLS
Mls ID: #MDBC2135452