310 Willrich CirForest HillMD21050
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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 Forest Hill at 310 Willrich Cir, Forest Hill, MD, 21050 offers a 9.71% rental yield on a $323,000 purchase with $2,614/mo rent. Total monthly income registers $2,614/mo, and a $1,581/mo payment leaves $605/mo available for distribution. Annual cash flow reaches $7,260/yr on $107,075 to close, and return on cash invested stands at 26.69% in year one. Equity gained on principal adds $2,084/yr while 5% annual appreciation supports $89,239 over five years. Portfolio math shows five-year ROI at 139.28% and total cumulative return in cash at $149,133. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,614/mo property income against a $1,581/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21050, Forest Hill, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,018 (100%) |
| Owner Occupied HU | 6,173 (88.0%) |
| Renter Occupied HU | 667 ( 9.5%) |
| Vacant Housing Units | 178 ( 2.5%) |
| Median Home Value | $520,043 |
| Average Home Value | $540,450 |
Housing Distribution
Address Breakdown
Residential
7,010
Single Family
6,235
Multi-Family
775
Businesses
550
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Listed by: Jodi Shelby • Remax Vision
Mls Name: Bright MLS
Mls ID: #MDHR2048440