3012 N Mullineaux LnEllicott CityMD21042
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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 3012 N Mullineaux Ln, Ellicott City, MD, 21042 earns $20/mo cash flow from $5,400/mo rent with a $4,234/mo payment. Total monthly income totals $5,400/mo, and annual cash flow totals $238/yr on $284,585 capital. ROI tracks 20.14% on current figures, and rental yield reads 7.49% at a $865,000 purchase. Equity gained on principal adds $5,582/yr, and 5% annual appreciation supports $238,984 over five years. Five-year ROI reaches 104.11% and total cumulative return in cash sums $296,271. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,400/mo property income instead of your personal income.
Single Family
Built in 2000
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21042, Ellicott City, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,992 (100%) |
| Owner Occupied HU | 13,227 (82.7%) |
| Renter Occupied HU | 2,268 (14.2%) |
| Vacant Housing Units | 497 ( 3.1%) |
| Median Home Value | $766,672 |
| Average Home Value | $819,079 |
Housing Distribution
Address Breakdown
Residential
15,523
Single Family
14,161
Multi-Family
1,362
Businesses
933
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Listed by: Mr. Michael M Ball • Northrop Realty
Mls Name: Bright MLS
Mls ID: #MDHW2062842