38 Millstone RdRandallstownMD21133
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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 Randallstown at 38 Millstone Rd, Randallstown, MD, 21133 generates $3,317/mo in rent and, after a $1,708/mo payment, leaves $1,147/mo in cash flow. Total monthly income is $3,317/mo, and annual cash flow is $13,759/yr on $115,694 invested. Return on cash invested sits at 31.8% in year one, and rental yield is 11.41% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 166.66% and total cumulative return in cash sums $192,816. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,317/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21133, Randallstown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,018 (100%) |
| Owner Occupied HU | 7,874 (65.5%) |
| Renter Occupied HU | 3,646 (30.3%) |
| Vacant Housing Units | 498 ( 4.1%) |
| Median Home Value | $352,159 |
| Average Home Value | $409,109 |
Housing Distribution
Address Breakdown
Residential
11,750
Single Family
8,754
Multi-Family
2,996
Businesses
606
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Listed by: Teal Clise • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #MDBC2144052