418 London CtWestminsterMD21157
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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 Westminster at 418 London Ct, Westminster, MD, 21157 offers a 8.44% rental yield on a $449,900 purchase with $3,163/mo rent. Total monthly income registers $3,163/mo, and a $2,202/mo payment leaves $365/mo available for distribution. Annual cash flow reaches $4,379/yr on $149,142 to close, and return on cash invested stands at 22.84% in year one. Equity gained on principal adds $2,903/yr while 5% annual appreciation supports $124,299 over five years. Portfolio math shows five-year ROI at 118.62% and total cumulative return in cash at $176,914. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,163/mo property income against a $2,202/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21157, Westminster, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,358 (100%) |
| Owner Occupied HU | 11,007 (71.7%) |
| Renter Occupied HU | 3,696 (24.1%) |
| Vacant Housing Units | 655 ( 4.3%) |
| Median Home Value | $438,695 |
| Average Home Value | $477,453 |
Housing Distribution
Address Breakdown
Residential
14,992
Single Family
14,137
Multi-Family
855
Businesses
1,432
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Listed by: Hanne Novotny • Cummings & Co. Realtors
Mls Name: Bright MLS
Mls ID: #MDCR2031166