4724 Dorsey Hall Dr UNIT 702Ellicott CityMD21042
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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 Ellicott City at 4724 Dorsey Hall Dr UNIT 702, Ellicott City, MD, 21042 listed at $275,000 pairs $2,436/mo rent with a $1,346/mo payment to leave $726/mo cash flow. Total monthly income runs $2,436/mo, and annual cash flow reaches $8,708/yr on $91,163 cash to close. Return on cash invested measures 29.46% in year one, and rental yield registers 10.63% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 154.11% and total cumulative return in cash totals $140,495. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,436/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21042, Ellicott City, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,992 (100%) |
| Owner Occupied HU | 13,227 (82.7%) |
| Renter Occupied HU | 2,268 (14.2%) |
| Vacant Housing Units | 497 ( 3.1%) |
| Median Home Value | $766,672 |
| Average Home Value | $819,079 |
Housing Distribution
Address Breakdown
Residential
15,523
Single Family
14,161
Multi-Family
1,362
Businesses
933
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Listed by: Donna Cohen • ExecuHome Realty
Mls Name: Bright MLS
Mls ID: #MDHW2055600