3521 Joylynne Way SPEC 9DEllicott CityMD21042
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
Rental property for sale in Ellicott City at 3521 Joylynne Way SPEC 9D, Ellicott City, MD, 21042 generates $3,420/mo in rent, after a $3,279/mo payment. Total monthly income is $3,420/mo. Return on cash invested sits at 16% in year one, and rental yield is 6.13% on a $669,990 entry. Equity gained on principal adds $4,323/yr, while 5% annual appreciation builds toward $185,106 over five years. Five-year ROI reaches 81.88% and total cumulative return in cash sums $180,482. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,420/mo property income rather than buyer’s personal income.
Townhouse
Built in 2026
0.06 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Richardson • NVR, INC.
Mls Name: Bright MLS
Mls ID: #MDHW2062876