2231 John Gravel Rd UNIT LMarriottsvilleMD21104
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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 Marriottsville at 2231 John Gravel Rd UNIT L, Marriottsville, MD, 21104 listed at $397,000 pairs $3,305/mo rent with a $1,943/mo payment to leave $836/mo cash flow. Total monthly income runs $3,305/mo, and annual cash flow reaches $10,032/yr on $131,606 cash to close. Return on cash invested measures 27.53% in year one, and rental yield registers 9.99% at a $397,000 basis. Equity gained on principal adds $2,562/yr, and annual property appreciation at 5% supports $109,684 by year five. Five-year ROI tracks 143.75% and total cumulative return in cash totals $189,178. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,305/mo property income relative to a $1,943/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2017
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21104, Marriottsville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,076 (100%) |
| Owner Occupied HU | 1,914 (92.2%) |
| Renter Occupied HU | 116 ( 5.6%) |
| Vacant Housing Units | 46 ( 2.2%) |
| Median Home Value | $721,154 |
| Average Home Value | $753,484 |
Housing Distribution
Address Breakdown
Residential
2,162
Single Family
2,051
Multi-Family
111
Businesses
116
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Listed by: Courtney Odum-Duncan • RE/MAX Realty Group
Mls Name: Bright MLS
Mls ID: #MDHW2060744