320 Lennox DrFallstonMD21047
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
Investment property for sale in Fallston at 320 Lennox Dr, Fallston, MD, 21047 uses $170,751 cash to close to unlock $6,064/yr annual cash flow and $505/mo monthly cash flow. Total monthly income runs $3,733/mo, and a $2,540/mo payment keeps the spread at $505/mo. Purchase price stands at $519,000, and rental yield measures 8.63% with $3,733/mo rent. Return on cash invested shows 23.61% in year one, and 5% annual appreciation builds toward $143,390 over five years. Five-year ROI reaches 122.72% and total cumulative return in cash records $209,553. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,733/mo property income covering a $2,540/mo payment rather than investor’s personal income.
Townhouse
Built in 2013
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21047, Fallston, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,783 (100%) |
| Owner Occupied HU | 4,332 (90.6%) |
| Renter Occupied HU | 306 ( 6.4%) |
| Vacant Housing Units | 145 ( 3.0%) |
| Median Home Value | $579,935 |
| Average Home Value | $621,625 |
Housing Distribution
Address Breakdown
Residential
4,800
Single Family
4,800
Multi-Family
0
Businesses
357
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices