3334 Coventry Court DrEllicott CityMD21042
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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 Ellicott City at 3334 Coventry Court Dr, Ellicott City, MD, 21042 offers a 9.27% rental yield on a $699,000 purchase with $5,400/mo rent. Total monthly income registers $5,400/mo, and a $3,421/mo payment leaves $1,053/mo available for distribution. Annual cash flow reaches $12,634/yr on $229,971 to close, and return on cash invested stands at 25.55% in year one. Equity gained on principal adds $4,511/yr while 5% annual appreciation supports $193,121 over five years. Portfolio math shows five-year ROI at 133.12% and total cumulative return in cash at $306,134. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,400/mo property income against a $3,421/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21042, Ellicott City, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,992 (100%) |
| Owner Occupied HU | 13,227 (82.7%) |
| Renter Occupied HU | 2,268 (14.2%) |
| Vacant Housing Units | 497 ( 3.1%) |
| Median Home Value | $766,672 |
| Average Home Value | $819,079 |
Housing Distribution
Address Breakdown
Residential
15,523
Single Family
14,161
Multi-Family
1,362
Businesses
933
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Listed by: David Vane • Weichert Realtors - McKenna & Vane
Mls Name: Bright MLS
Mls ID: #MDHW2063020