346 Paladium CtOwings MillsMD21117
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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 Owings Mills at 346 Paladium Ct, Owings Mills, MD, 21117 offers $2,650/mo rent that, after a $2,007/mo payment, leaves $100/mo cash flow. Total monthly income is $2,650/mo, and annual cash flow is $1,197/yr on $135,915 cash. Return on cash invested measures 20.79% in year one, and rental yield stands at 7.76% at a $410,000 entry. Equity gained on principal adds $2,646/yr while 5% annual appreciation compounds into $113,275 by year five. Five-year ROI records 107.61% and total cumulative return in cash reaches $146,255. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,650/mo property income versus a $2,007/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2012
1,307 sqft 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
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Listed by: Erica L Solomon • Monument Sotheby's International Realty
Mls Name: Bright MLS
Mls ID: #MDBC2147812