3512 Wagon Train RdMiddle RiverMD21220
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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 Middle River at 3512 Wagon Train Rd, Middle River, MD, 21220 uses $36,465 cash to close to unlock $1,803/yr annual cash flow and $150/mo monthly cash flow. Total monthly income runs $834/mo, and a $538/mo payment keeps the spread at $150/mo. Purchase price stands at $109,999, and rental yield measures 9.1% with $834/mo rent. Return on cash invested shows 24.85% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 129.49% and total cumulative return in cash records $47,219. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $834/mo property income covering a $538/mo payment rather than investor’s personal income.
Manufactured
Built in 1972
1,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21220, Middle River, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,638 (100%) |
| Owner Occupied HU | 11,529 (61.9%) |
| Renter Occupied HU | 5,869 (31.5%) |
| Vacant Housing Units | 1,240 ( 6.7%) |
| Median Home Value | $340,792 |
| Average Home Value | $401,193 |
Housing Distribution
Address Breakdown
Residential
18,191
Single Family
15,961
Multi-Family
2,230
Businesses
865
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Listed by: Jimy Chavarria • Keller Williams Gateway LLC
Mls Name: Bright MLS
Mls ID: #MDBC2134734