








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Odenton at 2642 Rainy Spring Ct, Odenton, MD, 21113 offers a 9.07% rental yield on a $399,900 purchase with $3,024/mo rent. Total monthly income registers $3,024/mo, and a $1,957/mo payment leaves $537/mo available for distribution. Annual cash flow reaches $6,446/yr on $132,567 to close, and return on cash invested stands at 24.77% in year one. Equity gained on principal adds $2,580/yr while 5% annual appreciation supports $110,485 over five years. Portfolio math shows five-year ROI at 128.98% and total cumulative return in cash at $170,984. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,024/mo property income against a $1,957/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2003
1,350 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 21113, Odenton, MD area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,963 (100%) |
| Owner Occupied HU | 10,718 (63.2%) |
| Renter Occupied HU | 5,467 (32.2%) |
| Vacant Housing Units | 778 ( 4.6%) |
| Median Home Value | $460,176 |
| Average Home Value | $526,541 |
Residential
16,401
Single Family
12,427
Multi-Family
3,974
Businesses
564
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Christine Turner • CENTURY 21 New Millennium
Mls Name: Bright MLS
Mls ID: #MDAA2121150