2717 Westminster Rd UNIT 8Ellicott CityMD21043
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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 Ellicott City at 2717 Westminster Rd UNIT 8, Ellicott City, MD, 21043 earns $531/mo cash flow from $5,065/mo rent with a $3,568/mo payment. Total monthly income totals $5,065/mo, and annual cash flow totals $6,373/yr on $239,841 capital. ROI tracks 22.72% on current figures, and rental yield reads 8.34% at a $729,000 purchase. Equity gained on principal adds $4,704/yr, and 5% annual appreciation supports $201,409 over five years. Five-year ROI reaches 117.92% and total cumulative return in cash sums $282,828. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,065/mo property income instead of your personal income.
Townhouse
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21043, Ellicott City, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,755 (100%) |
| Owner Occupied HU | 12,468 (66.5%) |
| Renter Occupied HU | 5,611 (29.9%) |
| Vacant Housing Units | 676 ( 3.6%) |
| Median Home Value | $688,466 |
| Average Home Value | $720,480 |
Housing Distribution
Address Breakdown
Residential
18,864
Single Family
13,418
Multi-Family
5,446
Businesses
767
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Listed by: Linda Dear • RE/MAX Advantage Realty
Mls Name: Bright MLS
Mls ID: #MDHW2058786