228 Porters Bridge RdColoraMD21917
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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 Colora at 228 Porters Bridge Rd, Colora, MD, 21917 priced at $315,000 converts $2,857/mo rent into $898/mo cash flow after a $1,542/mo obligation. Total monthly income equals $2,857/mo, and annual cash flow totals $10,771/yr on $104,423 invested. Return on cash invested prints 30.22% in year one, and rental yield reads 10.88% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 158.2% and total cumulative return in cash sums $165,197. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,857/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Single Family
Built in 1956
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21917, Colora, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 835 (100%) |
| Owner Occupied HU | 698 (83.6%) |
| Renter Occupied HU | 96 (11.5%) |
| Vacant Housing Units | 41 ( 4.9%) |
| Median Home Value | $427,711 |
| Average Home Value | $464,577 |
Housing Distribution
Address Breakdown
Residential
874
Single Family
874
Multi-Family
0
Businesses
46
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