2832 Willow LnEllicott 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
Rental property for sale in Ellicott City at 2832 Willow Ln, Ellicott City, MD, 21043 priced at $214,600 converts $2,400/mo rent into $1,059/mo cash flow after a $1,050/mo obligation. Total monthly income equals $2,400/mo, and annual cash flow totals $12,711/yr on $71,140 invested. Return on cash invested prints 37.78% in year one, and rental yield reads 13.42% against a $214,600 entry. Equity gained on principal adds $1,385/yr, while 5% annual appreciation compiles into $59,290 by year five. Five-year ROI reaches 198.79% and total cumulative return in cash sums $141,416. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $1,050/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
0.47 Acres 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: N/A • N/A
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Mls ID: #N/A