296 Canterbury Rd APT F, Bel Air, MD, 21014 | $301/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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296 Canterbury Rd APT F, Bel Air, MD, 21014 | $301/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Bel Air at 296 Canterbury Rd APT F, Bel Air, MD, 21014 offers $2,104/mo rent that, after a $1,419/mo payment, leaves $301/mo cash flow. Total monthly income is $2,104/mo, and annual cash flow is $3,609/yr on $96,135 cash. Return on cash invested measures 23.66% in year one, and rental yield stands at 8.71% at a $290,000 entry. Equity gained on principal adds $1,871/yr while 5% annual appreciation compounds into $80,122 by year five. Five-year ROI records 123.02% and total cumulative return in cash reaches $118,264. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,104/mo property income versus a $1,419/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Condo

Built in 1994

N/A lot

$N/A/sqft

No HOA

More details about the property

Have you been searching for an AMAZING condo in English Country Manor? The wait is over! #15 Garage deed #13116/00271 is also available. This stunning Coventry model with a sunroom is perfectly positioned on the first floor and backs to peaceful woods and a stream. Thanks to the natural grade of the building, all living spaces sit on the second level, providing exceptional privacy and added peace of mindtruly the best of both worlds. Completely transformed in 2019, this home stands out from every other condo in ECM. The showstopping kitchen is the heart of the home and absolutely STUNNINGfeaturing 42" white cabinetry, stainless steel appliances, beautiful Blue Fantasy granite countertops, a large breakfast bar with seating, a wine refrigerator, tile backsplash, pendant and recessed lighting, and a spacious dining area. A convenient laundry room, tucked behind a charming barn door, is just off the kitchen. The inviting living room offers neutral dcor, crown molding, a sliding door to the screened porch, and elegant French doors leading to the sunroom. Flooded with natural light and overlooking the serene wooded backdrop, the sunroom is the perfect spot for a home office, reading nook, or cozy den. Fall in love with the primary suite, complete with neutral carpet, ceiling fan, crown molding, two windows, and a large walk-in closet. The beautifully updated en-suite bathroom features a heated ceramic tile floor, a floor-to-ceiling tiled shower with dual showerheads, and a spacious vanity topped with granite. The second bedroom includes neutral carpet, crown molding, a closet, and direct access to the screened porch. The hall bathroom is equally impressive, with a large shower, ceramic tile, and a granite-topped vanity. Immaculately updated and beautifully maintained, this condo is truly like no other in English Country Manor and shows AMAZINGa must-see for buyers seeking style, comfort, and a standout home. A separately deeded Garage #15 is also available for an additional $25,000. Condo fee for garage is $45/mo.

Neighborhood Data

Neighborhood data shown for ZIP Code: 21014, Bel Air, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,850 (100%)
Owner Occupied HU	12,181 (76.9%)
Renter Occupied HU	3,197 (20.2%)
Vacant Housing Units	472 ( 3.0%)
Median Home Value	$457,293
Average Home Value	$489,682