304 Forest CtSeverna ParkMD21146
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
Rental property for sale in Severna Park at 304 Forest Ct, Severna Park, MD, 21146 priced at $749,900 pairs $4,060/mo rent with after a $3,670/mo payment. Total monthly income equals $4,060/mo. Return on cash invested is 17.12% in year one, and rental yield stands at 6.5% on a $749,900 basis. Equity gained on principal adds $4,839/yr, and 5% annual appreciation accumulates to $207,184 by year five. Five-year ROI measures 87.92% and total cumulative return in cash reaches $216,910. For financing, Ziffy Mortgage’s DSCR program evaluates $4,060/mo property income against a $3,670/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1963
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21146, Severna Park, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,171 (100%) |
| Owner Occupied HU | 8,817 (86.7%) |
| Renter Occupied HU | 991 ( 9.7%) |
| Vacant Housing Units | 363 ( 3.6%) |
| Median Home Value | $688,893 |
| Average Home Value | $783,624 |
Housing Distribution
Address Breakdown
Residential
10,158
Single Family
9,749
Multi-Family
409
Businesses
916
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: AMELIA SMITH • Redfin Corp
Mls Name: Bright MLS
Mls ID: #MDAA2134426