444 Logan DrWestminsterMD21157
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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 Westminster at 444 Logan Dr, Westminster, MD, 21157 priced at $315,000 converts $2,580/mo rent into $621/mo cash flow after a $1,542/mo obligation. Total monthly income equals $2,580/mo, and annual cash flow totals $7,447/yr on $104,423 invested. Return on cash invested prints 27.04% in year one, and rental yield reads 9.83% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 141.14% and total cumulative return in cash sums $147,377. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,580/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Townhouse
Built in 1988
2,007 sqft 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: Greg Brock • VYBE Realty
Mls Name: Bright MLS
Mls ID: #MDCR2030200