341 Walgrove RdReisterstownMD21136
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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
Rental property for sale in Reisterstown at 341 Walgrove Rd, Reisterstown, MD, 21136 priced at $315,000 converts $2,671/mo rent into $712/mo cash flow after a $1,542/mo obligation. Total monthly income equals $2,671/mo, and annual cash flow totals $8,539/yr on $104,423 invested. Return on cash invested prints 28.09% in year one, and rental yield reads 10.18% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 146.73% and total cumulative return in cash sums $153,221. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,671/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Single Family
Built in 1959
10,360 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21136, Reisterstown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,998 (100%) |
| Owner Occupied HU | 9,995 (71.4%) |
| Renter Occupied HU | 3,338 (23.8%) |
| Vacant Housing Units | 665 ( 4.8%) |
| Median Home Value | $462,618 |
| Average Home Value | $529,704 |
Housing Distribution
Address Breakdown
Residential
13,666
Single Family
11,277
Multi-Family
2,389
Businesses
695
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Listed by: Cynthia Grimes • Berkshire Hathaway HomeServices PenFed Realty
Mls Name: Bright MLS
Mls ID: #MDBC2148688