2613 Legends WayEllicott CityMD21042
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingInvestors approaching the U.S. market with capital-preservation in mind will find 2613 Legends Way, Ellicott City, MD, 21042 in Ellicott City aligned with their strategy. Rental yield 6.68%. DSCR 1.24 and 6.68% yield provide a sound foundation. Ziffy Mortgage's DSCR program enables non-U.S. residents to acquire without domestic credit. Over five years, 5% appreciation and $7,046/yr in paydown build toward a projected cumulative return of $257,902.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 7.0% |
| Monthly Cash Flow | $(502) | $1,200 |
City averages based on Ellicott City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,256 |
| Total Monthly Debt Service | $4,454 |
| DSCR Ratio | 0.96x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2000
3,339 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21042, Ellicott City, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,992 (100%) |
| Owner Occupied HU | 13,227 (82.7%) |
| Renter Occupied HU | 2,268 (14.2%) |
| Vacant Housing Units | 497 ( 3.1%) |
| Median Home Value | $766,672 |
| Average Home Value | $819,079 |
Housing Distribution
Address Breakdown
Residential
15,523
Single Family
14,161
Multi-Family
1,362
Businesses
933
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
Townhouse
Built in 2000
3,339 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21042, Ellicott City, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,992 (100%) |
| Owner Occupied HU | 13,227 (82.7%) |
| Renter Occupied HU | 2,268 (14.2%) |
| Vacant Housing Units | 497 ( 3.1%) |
| Median Home Value | $766,672 |
| Average Home Value | $819,079 |
Housing Distribution
Address Breakdown
Residential
15,523
Single Family
14,161
Multi-Family
1,362
Businesses
933
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joseph Avampato • Alberti Realty, LLC
Mls Name: Bright MLS
Mls ID: #MDHW2059132