230 Castletown RdLutherville TimoniumMD21093
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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 Lutherville Timonium at 230 Castletown Rd, Lutherville Timonium, MD, 21093 earns $418/mo cash flow from $3,745/mo rent with a $2,618/mo payment. Total monthly income totals $3,745/mo, and annual cash flow totals $5,019/yr on $175,982 capital. ROI tracks 22.91% on current figures, and rental yield reads 8.4% at a $534,900 purchase. Equity gained on principal adds $3,452/yr, and 5% annual appreciation supports $147,783 over five years. Five-year ROI reaches 118.97% and total cumulative return in cash sums $209,361. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,745/mo property income instead of your personal income.
Townhouse
Built in 1990
2,169 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21093, Lutherville Timonium, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,522 (100%) |
| Owner Occupied HU | 12,798 (77.5%) |
| Renter Occupied HU | 2,999 (18.2%) |
| Vacant Housing Units | 725 ( 4.4%) |
| Median Home Value | $511,519 |
| Average Home Value | $601,915 |
Housing Distribution
Address Breakdown
Residential
16,570
Single Family
11,950
Multi-Family
4,620
Businesses
1,469
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Listed by: Jeremy McDonough • Mr. Lister Realty
Mls Name: Bright MLS
Mls ID: #MDBC2134902