26 Steeplejack CtOwings MillsMD21117
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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 Owings Mills at 26 Steeplejack Ct, Owings Mills, MD, 21117 with 5% annual appreciation on a $379,900 basis while $3,709/mo rent supports operations. Total monthly income totals $3,709/mo and a $1,859/mo payment preserves $1,347/mo for cash returns. Annual cash flow comes to $16,160/yr on $125,937 deployed, and return on cash invested reaches 32.74% in year one. Equity gained on principal adds $2,451/yr, and five-year appreciation sums $104,959 alongside rental yield of 11.72%. Five-year ROI measures 171.69% and total cumulative return in cash totals $216,221.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,709/mo property income versus a $1,859/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1987
3,485 sqft 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: Dionne Wainwright Powell • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #MDBC2139328