23 Greenspring Valley RdOwings MillsMD21117
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Owings Mills at 23 Greenspring Valley Rd, Owings Mills, MD, 21117 at $475,000 posts ROI 24.49% with $602/mo cash flow from $3,556/mo rent. Total monthly income equals $3,556/mo, and annual cash flow records $7,219/yr on $157,463 to close. Return on cash invested measures 24.49% and rental yield reads 8.98% at the current $475,000. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 by year five. Five-year ROI prints 127.47% and total cumulative return in cash totals $200,719.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,556/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1953
1.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21117, Owings Mills, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,037 (100%) |
| Owner Occupied HU | 12,762 (49.0%) |
| Renter Occupied HU | 11,499 (44.2%) |
| Vacant Housing Units | 1,776 ( 6.8%) |
| Median Home Value | $420,475 |
| Average Home Value | $492,199 |
Housing Distribution
Address Breakdown
Residential
25,785
Single Family
15,012
Multi-Family
10,773
Businesses
1,909
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Listed by: Igor Maltsev • Keller Williams Legacy
Mls Name: Bright MLS
Mls ID: #MDBC2145274