418 Heritage StMiddle RiverMD21220
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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 Middle River at 418 Heritage St, Middle River, MD, 21220 offers $3,725/mo rent that, after a $2,154/mo payment, leaves $988/mo cash flow. Total monthly income is $3,725/mo, and annual cash flow is $11,856/yr on $145,860 cash. Return on cash invested measures 28.04% in year one, and rental yield stands at 10.16% at a $440,000 entry. Equity gained on principal adds $2,839/yr while 5% annual appreciation compounds into $121,564 by year five. Five-year ROI records 146.46% and total cumulative return in cash reaches $213,622. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,725/mo property income versus a $2,154/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2018
1,699 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21220, Middle River, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,638 (100%) |
| Owner Occupied HU | 11,529 (61.9%) |
| Renter Occupied HU | 5,869 (31.5%) |
| Vacant Housing Units | 1,240 ( 6.7%) |
| Median Home Value | $340,792 |
| Average Home Value | $401,193 |
Housing Distribution
Address Breakdown
Residential
18,191
Single Family
15,961
Multi-Family
2,230
Businesses
865
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Listed by: Keiry Martinez • ExecuHome Realty
Mls Name: Bright MLS
Mls ID: #MDBC2133014