304 Canterbury Rd APT K, Bel Air, MD, 21014 | $922/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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304 Canterbury Rd APT K, Bel Air, MD, 21014 | $922/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 304 Canterbury Rd APT K, Bel Air, MD, 21014 priced at $246,000 pairs $2,452/mo rent with $922/mo cash flow after a $1,204/mo payment. Total monthly income equals $2,452/mo, and annual cash flow comes to $11,065/yr on $81,549 invested. Return on cash invested is 33.48% in year one, and rental yield stands at 11.96% on a $246,000 basis. Equity gained on principal adds $1,587/yr, and 5% annual appreciation accumulates to $67,965 by year five. Five-year ROI measures 175.72% and total cumulative return in cash reaches $143,294. For financing, Ziffy Mortgage’s DSCR program evaluates $2,452/mo property income against a $1,204/mo payment instead of your W2s, 1099s, or Tax returns.

Condo

Built in 1994

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this stunning 2-bedroom, 2-bath second-level condo with a den (potential 3rd bedroom) and a private screened balcony in the highly sought-after English Country Manor community of Bel Air! Step inside to a bright, open floor plan featuring recently installed LVP flooring and new carpet in the bedrooms. The gourmet kitchen offers granite countertops, stainless steel appliances, cherry cabinetry, tile backsplash, a large pantry, and a breakfast bar that opens to the separate dining room. Enjoy relaxing on your private balcony overlooking mature trees. The den provides the perfect space for a home office or can easily be converted to a third bedroom. The primary suite features a large walk-in closet, ceiling fan, and a private bath with a soaking tub and updated vanity. The second bedroom is generously sized, offering ample closet space and easy access to the full hall bath. Enjoy all the fantastic community amenities, including a clubhouse with fitness center, party room, and outdoor pool. Conveniently located near the Ma & Pa Trail, downtown Bel Air, and major commuter routes, this home combines comfort, convenience, and style. Dont miss out on this opportunity! MAJOR UPDATES: Flooring, toilets, primary vanity, fans, sliding glass door.

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