4900 Dorsey Hall Dr UNIT 3Ellicott 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 4900 Dorsey Hall Dr UNIT 3, Ellicott City, MD, 21042 offers a 9.85% rental yield on a $292,000 purchase with $2,397/mo rent. Total monthly income registers $2,397/mo, and a $1,429/mo payment leaves $581/mo available for distribution. Annual cash flow reaches $6,973/yr on $96,798 to close, and return on cash invested stands at 27.11% in year one. Equity gained on principal adds $1,884/yr while 5% annual appreciation supports $80,674 over five years. Portfolio math shows five-year ROI at 141.57% and total cumulative return in cash at $137,036. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,397/mo property income against a $1,429/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1989
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: Katie Katzenberger Rubin • Keller Williams Realty Centre
Mls Name: Bright MLS
Mls ID: #MDHW2052992