509 Normandy LnBel AirMD21015
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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 Bel Air at 509 Normandy Ln, Bel Air, MD, 21015 offers a 8.59% rental yield on a $490,000 purchase with $3,509/mo rent. Total monthly income registers $3,509/mo, and a $2,398/mo payment leaves $462/mo available for distribution. Annual cash flow reaches $5,541/yr on $162,435 to close, and return on cash invested stands at 23.32% in year one. Equity gained on principal adds $3,162/yr while 5% annual appreciation supports $135,378 over five years. Portfolio math shows five-year ROI at 121.17% and total cumulative return in cash at $196,824. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,509/mo property income against a $2,398/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21015, Bel Air, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,883 (100%) |
| Owner Occupied HU | 9,833 (82.7%) |
| Renter Occupied HU | 1,560 (13.1%) |
| Vacant Housing Units | 490 ( 4.1%) |
| Median Home Value | $508,572 |
| Average Home Value | $561,437 |
Housing Distribution
Address Breakdown
Residential
11,837
Single Family
10,424
Multi-Family
1,413
Businesses
484
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