212 Nicodemus RdReisterstownMD21136
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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 Reisterstown at 212 Nicodemus Rd, Reisterstown, MD, 21136 priced at $450,000 converts $2,912/mo rent into $113/mo cash flow after a $2,203/mo obligation. Total monthly income equals $2,912/mo, and annual cash flow totals $1,353/yr on $149,175 invested. Return on cash invested prints 20.82% in year one, and rental yield reads 7.77% against a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation compiles into $124,327 by year five. Five-year ROI reaches 107.75% and total cumulative return in cash sums $160,734. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,912/mo property income covering a $2,203/mo payment, not borrower’s personal income.
Single Family
Built in 1955
0.94 Acres 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: Chris Yankosky • Corner House Realty
Mls Name: Bright MLS
Mls ID: #MDBC2139146