360 Magothy Rd #3ASeverna ParkMD21146
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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 Severna Park at 360 Magothy Rd #3A, Severna Park, MD, 21146 earns $789/mo cash flow from $2,682/mo rent with a $1,457/mo payment. Total monthly income totals $2,682/mo, and annual cash flow totals $9,464/yr on $98,654 capital. ROI tracks 29.5% on current figures, and rental yield reads 10.81% at a $297,600 purchase. Equity gained on principal adds $1,920/yr, and 5% annual appreciation supports $82,221 over five years. Five-year ROI reaches 154.53% and total cumulative return in cash sums $152,450. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,682/mo property income instead of your personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
$42 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21146, Severna Park, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,171 (100%) |
| Owner Occupied HU | 8,817 (86.7%) |
| Renter Occupied HU | 991 ( 9.7%) |
| Vacant Housing Units | 363 ( 3.6%) |
| Median Home Value | $688,893 |
| Average Home Value | $783,624 |
Housing Distribution
Address Breakdown
Residential
10,158
Single Family
9,749
Multi-Family
409
Businesses
916
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Listed by: N/A • N/A
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