318 Grovethorn RdMiddle RiverMD21220
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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 Middle River at 318 Grovethorn Rd, Middle River, MD, 21220 listed at $193,200 pairs $1,481/mo rent with a $946/mo payment to leave $279/mo cash flow. Total monthly income runs $1,481/mo, and annual cash flow reaches $3,348/yr on $64,046 cash to close. Return on cash invested measures 25.14% in year one, and rental yield registers 9.2% at a $193,200 basis. Equity gained on principal adds $1,247/yr, and annual property appreciation at 5% supports $53,378 by year five. Five-year ROI tracks 130.98% and total cumulative return in cash totals $83,889. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,481/mo property income relative to a $946/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1954
1,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21220, Middle River, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,638 (100%) |
| Owner Occupied HU | 11,529 (61.9%) |
| Renter Occupied HU | 5,869 (31.5%) |
| Vacant Housing Units | 1,240 ( 6.7%) |
| Median Home Value | $340,792 |
| Average Home Value | $401,193 |
Housing Distribution
Address Breakdown
Residential
18,191
Single Family
15,961
Multi-Family
2,230
Businesses
865
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Listed by: Anh Dang • Taylor Properties
Mls Name: Bright MLS
Mls ID: #MDBC2145920