4470 Woodsman Dr UNIT 722HampsteadMD21074
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
Rental property for sale in Hampstead at 4470 Woodsman Dr UNIT 722, Hampstead, MD, 21074 generates $1,793/mo in rent and, after a $1,248/mo payment, leaves $207/mo in cash flow. Total monthly income is $1,793/mo, and annual cash flow is $2,487/yr on $84,499 invested. Return on cash invested sits at 22.85% in year one, and rental yield is 8.44% on a $254,900 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,424 over five years. Five-year ROI reaches 118.72% and total cumulative return in cash sums $100,320. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,793/mo property income rather than buyer’s personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21074, Hampstead, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,200 (100%) |
| Owner Occupied HU | 5,069 (81.8%) |
| Renter Occupied HU | 898 (14.5%) |
| Vacant Housing Units | 233 ( 3.8%) |
| Median Home Value | $400,730 |
| Average Home Value | $470,781 |
Housing Distribution
Address Breakdown
Residential
6,016
Single Family
5,795
Multi-Family
221
Businesses
359
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices