3103 Rheims RdWindsor MillMD21244
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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 Windsor Mill at 3103 Rheims Rd, Windsor Mill, MD, 21244 uses $97,793 cash to close to unlock $2,641/yr annual cash flow and $220/mo monthly cash flow. Total monthly income runs $2,055/mo, and a $1,444/mo payment keeps the spread at $220/mo. Purchase price stands at $295,000, and rental yield measures 8.36% with $2,055/mo rent. Return on cash invested shows 22.61% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 117.4% and total cumulative return in cash records $114,806. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,055/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Single Family
Built in 1962
8,060 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21244, Windsor Mill, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,226 (100%) |
| Owner Occupied HU | 6,962 (45.7%) |
| Renter Occupied HU | 7,569 (49.7%) |
| Vacant Housing Units | 695 ( 4.6%) |
| Median Home Value | $324,306 |
| Average Home Value | $353,679 |
Housing Distribution
Address Breakdown
Residential
14,925
Single Family
9,820
Multi-Family
5,105
Businesses
989
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Listed by: Deborah McLaughlin • Cummings & Co. Realtors
Mls Name: Bright MLS
Mls ID: #MDBC2149120