223 New AveReisterstownMD21136
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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 Reisterstown at 223 New Ave, Reisterstown, MD, 21136 earns $353/mo cash flow from $2,530/mo rent with a $1,713/mo payment. Total monthly income totals $2,530/mo, and annual cash flow totals $4,241/yr on $115,992 capital. ROI tracks 23.56% on current figures, and rental yield reads 8.68% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 122.51% and total cumulative return in cash sums $142,098. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,530/mo property income instead of your personal income.
Single Family
Built in 1930
0.25 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: Olga Kogan • Allfirst Realty, Inc.
Mls Name: Bright MLS
Mls ID: #MDBC2147052