3 Forest DrBel AirMD21014
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Bel Air at 3 Forest Dr, Bel Air, MD, 21014 uses $172,725 cash to close to unlock $3,784/yr annual cash flow and $315/mo monthly cash flow. Total monthly income runs $3,581/mo, and a $2,570/mo payment keeps the spread at $315/mo. Purchase price stands at $525,000, and rental yield measures 8.19% with $3,581/mo rent. Return on cash invested shows 22.25% in year one, and 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 115.42% and total cumulative return in cash records $199,353. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,581/mo property income covering a $2,570/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.50 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
15,279
Single Family
11,936
Multi-Family
3,343
Businesses
1,492
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices