388 Wilett CtSeverna ParkMD21146
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
Investment property for sale in Severna Park at 388 Wilett Ct, Severna Park, MD, 21146 earns $131/mo cash flow from $4,080/mo rent with a $3,108/mo payment. Total monthly income totals $4,080/mo, and annual cash flow totals $1,569/yr on $208,882 capital. ROI tracks 20.81% on current figures, and rental yield reads 7.71% at a $634,900 purchase. Equity gained on principal adds $4,097/yr, and 5% annual appreciation supports $175,411 over five years. Five-year ROI reaches 107.69% and total cumulative return in cash sums $224,953. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,080/mo property income instead of your personal income.
Single Family
Built in 1986
8,023 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Donna Reichert • Keller Williams Flagship
Mls Name: Bright MLS
Mls ID: #MDAA2130948