34 Latimore WayOwings MillsMD21117
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 Owings Mills at 34 Latimore Way, Owings Mills, MD, 21117 at $765,000 posts ROI 21.37% with $275/mo cash flow from $5,033/mo rent. Total monthly income equals $5,033/mo, and annual cash flow records $3,304/yr on $251,685 to close. Return on cash invested measures 21.37% and rental yield reads 7.89% at the current $765,000. Equity gained on principal adds $4,936/yr, and 5% annual appreciation supports $211,355 by year five. Five-year ROI prints 110.7% and total cumulative return in cash totals $278,615.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,033/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1996
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21117, Owings Mills, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,037 (100%) |
| Owner Occupied HU | 12,762 (49.0%) |
| Renter Occupied HU | 11,499 (44.2%) |
| Vacant Housing Units | 1,776 ( 6.8%) |
| Median Home Value | $420,475 |
| Average Home Value | $492,199 |
Housing Distribution
Address Breakdown
Residential
25,785
Single Family
15,012
Multi-Family
10,773
Businesses
1,909
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bob Lucido • Keller Williams Lucido Agency
Mls Name: Bright MLS
Mls ID: #MDBC2147502