2312 Velvet Ridge DrOwings 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 2312 Velvet Ridge Dr, Owings Mills, MD, 21117 listed at $1,146,800 pairs $5,098/mo rent with a $5,613/mo payment. Total monthly income runs $5,098/mo. Return on cash invested measures 13.8% in year one, and rental yield registers 5.33% at a $1,146,800 basis. Equity gained on principal adds $7,400/yr, and annual property appreciation at 5% supports $316,840 by year five. Five-year ROI tracks 70.02% and total cumulative return in cash totals $260,173. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,098/mo property income relative to a $5,613/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
0.93 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A