29007 Ridge RdMount AiryMD21771
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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 Mount Airy at 29007 Ridge Rd, Mount Airy, MD, 21771 listed at $449,999 pairs $3,262/mo rent with a $2,203/mo payment to leave $463/mo cash flow. Total monthly income runs $3,262/mo, and annual cash flow reaches $5,553/yr on $149,175 cash to close. Return on cash invested measures 23.63% in year one, and rental yield registers 8.7% at a $449,999 basis. Equity gained on principal adds $2,904/yr, and annual property appreciation at 5% supports $124,326 by year five. Five-year ROI tracks 122.84% and total cumulative return in cash totals $183,245. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,262/mo property income relative to a $2,203/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
2.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21771, Mount Airy, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,026 (100%) |
| Owner Occupied HU | 9,862 (89.4%) |
| Renter Occupied HU | 893 ( 8.1%) |
| Vacant Housing Units | 271 ( 2.5%) |
| Median Home Value | $598,074 |
| Average Home Value | $618,694 |
Housing Distribution
Address Breakdown
Residential
11,033
Single Family
10,927
Multi-Family
106
Businesses
731
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Listed by: TJ Kerman • LPT Realty, LLC
Mls Name: Bright MLS
Mls ID: #MDMC2205794