4500 Chaucer Way UNIT 202, Owings Mills, MD, 21117 | $1,117/mo Cash Flow

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4500 Chaucer Way UNIT 202, Owings Mills, MD, 21117 | $1,117/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Owings Mills at 4500 Chaucer Way UNIT 202, Owings Mills, MD, 21117 listed at $325,000 pairs $3,139/mo rent with a $1,591/mo payment to leave $1,117/mo cash flow. Total monthly income runs $3,139/mo, and annual cash flow reaches $13,408/yr on $107,738 cash to close. Return on cash invested measures 32.35% in year one, and rental yield registers 11.59% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 169.65% and total cumulative return in cash totals $182,773. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,139/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1997

N/A lot

$N/A/sqft

No HOA

More details about the property

Exceptional Properties. Exceptional Clients. Welcome to 4500 Chaucer Way, Unit 202an elegant and move-in ready 2-bedroom, 2-bathroom condo in the heart of Owings Mills. This light-filled second-floor home offers a smart, open layout ideal for both comfortable living and stylish entertaining. The living room features a cozy gas fireplace, built-in bookshelves, recessed lighting, and access to a private balconyperfect for morning coffee or evening relaxation. Just off the main living area, French doors open to a versatile den that works beautifully as a home office, sitting room, or flex space. The kitchen boast gleaming hardwood floors and a spacious center island, while the large walk-in pantry offers excellent storage for all your culinary needs. The expansive primary suite includes a walk-in closet and an ensuite bath with a soaking tub and separate standing shower. The second bedroom and full hall bath are ideal for guests or family members. You'll love the oversized utility room located off the hallway, which houses a brand-new washer and dryer (2025) and provides plenty of space for shelving or additional storagefunctioning like a bonus closet. A brand-new water heater (2025) adds to the homes value and peace of mind. Centrally located near Foundry Row, Mill Station, Metro Centre, and major commuting routes, this home offers the best of lifestyle and location in Owings Mills.

Neighborhood Data

Neighborhood data shown for ZIP Code: 21117, Owings Mills, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	26,037 (100%)
Owner Occupied HU	12,762 (49.0%)
Renter Occupied HU	11,499 (44.2%)
Vacant Housing Units	1,776 ( 6.8%)
Median Home Value	$420,475
Average Home Value	$492,199