1713 Landmark Dr UNIT 1LForest HillMD21050
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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 Forest Hill at 1713 Landmark Dr UNIT 1L, Forest Hill, MD, 21050 listed at $245,000 pairs $2,194/mo rent with a $1,199/mo payment to leave $670/mo cash flow. Total monthly income runs $2,194/mo, and annual cash flow reaches $8,045/yr on $81,218 cash to close. Return on cash invested measures 29.81% in year one, and rental yield registers 10.75% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 156.04% and total cumulative return in cash totals $126,732. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,194/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21050, Forest Hill, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,018 (100%) |
| Owner Occupied HU | 6,173 (88.0%) |
| Renter Occupied HU | 667 ( 9.5%) |
| Vacant Housing Units | 178 ( 2.5%) |
| Median Home Value | $520,043 |
| Average Home Value | $540,450 |
Housing Distribution
Address Breakdown
Residential
7,010
Single Family
6,235
Multi-Family
775
Businesses
550
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Listed by: Jessica Moog • Next Step Realty
Mls Name: Bright MLS
Mls ID: #MDHR2049204