32 Lovett CtLutherville TimoniumMD21093
INVESTMENT ANALYSIS
Investment Verdict
Solid Income32 Lovett Ct, Lutherville Timonium, MD, 21093 in Lutherville Timonium is a solid income-producing rental, 8.36% gross yield, $3,206/mo rent, $269/mo net cash flow on a $460,000 buy. DSCR 1.55 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $127,090 and $4,237/yr in principal reduction project a total cumulative return of $192,176.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 5.1% |
| Monthly Cash Flow | $269 | $850 |
City averages based on Lutherville Timonium market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,206 |
| Total Monthly Debt Service | $2,754 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1988
2,000 sqft lot
$N/A/sqft
$917 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21093, Lutherville Timonium, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,522 (100%) |
| Owner Occupied HU | 12,798 (77.5%) |
| Renter Occupied HU | 2,999 (18.2%) |
| Vacant Housing Units | 725 ( 4.4%) |
| Median Home Value | $511,519 |
| Average Home Value | $601,915 |
Housing Distribution
Address Breakdown
Residential
16,570
Single Family
11,950
Multi-Family
4,620
Businesses
1,469
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
Townhouse
Built in 1988
2,000 sqft lot
$N/A/sqft
$917 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21093, Lutherville Timonium, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,522 (100%) |
| Owner Occupied HU | 12,798 (77.5%) |
| Renter Occupied HU | 2,999 (18.2%) |
| Vacant Housing Units | 725 ( 4.4%) |
| Median Home Value | $511,519 |
| Average Home Value | $601,915 |
Housing Distribution
Address Breakdown
Residential
16,570
Single Family
11,950
Multi-Family
4,620
Businesses
1,469
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices