45472 Westmeath Way UNIT I12Great MillsMD20634
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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 Great Mills at 45472 Westmeath Way UNIT I12, Great Mills, MD, 20634 uses $58,013 cash to close to unlock $7,141/yr annual cash flow and $595/mo monthly cash flow. Total monthly income runs $1,684/mo, and a $857/mo payment keeps the spread at $595/mo. Purchase price stands at $175,000, and rental yield measures 11.55% with $1,684/mo rent. Return on cash invested shows 32.22% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 168.97% and total cumulative return in cash records $98,023. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,684/mo property income covering a $857/mo payment rather than investor’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20634, Great Mills, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,045 (100%) |
| Owner Occupied HU | 1,891 (62.1%) |
| Renter Occupied HU | 970 (31.9%) |
| Vacant Housing Units | 184 ( 6.0%) |
| Median Home Value | $373,070 |
| Average Home Value | $426,409 |
Housing Distribution
Address Breakdown
Residential
2,782
Single Family
2,663
Multi-Family
119
Businesses
94
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Listed by: Shawna Juma • Home Towne Real Estate
Mls Name: Bright MLS
Mls ID: #MDSM2028696