490 N Patuxent Rd LOT 51OdentonMD21113
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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 Odenton at 490 N Patuxent Rd LOT 51, Odenton, MD, 21113 generates $1,117/mo in rent and, after a $709/mo payment, leaves $216/mo in cash flow. Total monthly income is $1,117/mo, and annual cash flow is $2,592/yr on $48,034 invested. Return on cash invested sits at 25.31% in year one, and rental yield is 9.25% on a $144,900 entry. Equity gained on principal adds $935/yr, while 5% annual appreciation builds toward $40,033 over five years. Five-year ROI reaches 131.81% and total cumulative return in cash sums $63,313. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,117/mo property income rather than buyer’s personal income.
Manufactured
Built in 2010
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21113, Odenton, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,963 (100%) |
| Owner Occupied HU | 10,718 (63.2%) |
| Renter Occupied HU | 5,467 (32.2%) |
| Vacant Housing Units | 778 ( 4.6%) |
| Median Home Value | $460,176 |
| Average Home Value | $526,541 |
Housing Distribution
Address Breakdown
Residential
16,401
Single Family
12,427
Multi-Family
3,974
Businesses
564
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