414 Rockfleet Rd UNIT 102Lutherville TimoniumMD21093
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt 1.61, 414 Rockfleet Rd UNIT 102, Lutherville Timonium, MD, 21093 in Lutherville Timonium sits at the top of Ziffy Mortgage's DSCR coverage band, a significant advantage for non-U.S. buyers closing without domestic income documentation. Rental yield 8.67%. The 8.67% yield is backed by 5% annual appreciation projecting $110,513 in value gain, plus $3,684/yr in principal reduction. Total projected cumulative return: $153,274.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 5.1% |
| Monthly Cash Flow | $(3) | $850 |
City averages based on Lutherville Timonium market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,890 |
| Total Monthly Debt Service | $2,734 |
| DSCR Ratio | 1.06x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21093, Lutherville Timonium, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,522 (100%) |
| Owner Occupied HU | 12,798 (77.5%) |
| Renter Occupied HU | 2,999 (18.2%) |
| Vacant Housing Units | 725 ( 4.4%) |
| Median Home Value | $511,519 |
| Average Home Value | $601,915 |
Housing Distribution
Address Breakdown
Residential
16,570
Single Family
11,950
Multi-Family
4,620
Businesses
1,469
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
Condo
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21093, Lutherville Timonium, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,522 (100%) |
| Owner Occupied HU | 12,798 (77.5%) |
| Renter Occupied HU | 2,999 (18.2%) |
| Vacant Housing Units | 725 ( 4.4%) |
| Median Home Value | $511,519 |
| Average Home Value | $601,915 |
Housing Distribution
Address Breakdown
Residential
16,570
Single Family
11,950
Multi-Family
4,620
Businesses
1,469
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nick Hollick • Compass
Mls Name: Bright MLS
Mls Provider:
Mls ID: #MDBC2123766
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