5 Snug Lagoon CtMiddle RiverMD21220
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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 Middle River at 5 Snug Lagoon Ct, Middle River, MD, 21220 listed at $475,000 pairs $3,827/mo rent with a $2,325/mo payment to leave $873/mo cash flow. Total monthly income runs $3,827/mo, and annual cash flow reaches $10,471/yr on $157,463 cash to close. Return on cash invested measures 26.56% in year one, and rental yield registers 9.67% at a $475,000 basis. Equity gained on principal adds $3,065/yr, and annual property appreciation at 5% supports $131,234 by year five. Five-year ROI tracks 138.55% and total cumulative return in cash totals $218,167. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,827/mo property income relative to a $2,325/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21220, Middle River, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,638 (100%) |
| Owner Occupied HU | 11,529 (61.9%) |
| Renter Occupied HU | 5,869 (31.5%) |
| Vacant Housing Units | 1,240 ( 6.7%) |
| Median Home Value | $340,792 |
| Average Home Value | $401,193 |
Housing Distribution
Address Breakdown
Residential
18,191
Single Family
15,961
Multi-Family
2,230
Businesses
865
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Listed by: Joe Norman • Keller Williams Gateway LLC
Mls Name: Bright MLS
Mls ID: #MDBC2144594