51 Bowie Mill AveTaneytownMD21787
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Taneytown at 51 Bowie Mill Ave, Taneytown, MD, 21787 with 5% annual appreciation on a $479,999 basis while $3,814/mo rent supports operations. Total monthly income totals $3,814/mo and a $2,349/mo payment preserves $829/mo for cash returns. Annual cash flow comes to $9,948/yr on $159,120 deployed, and return on cash invested reaches 26.16% in year one. Equity gained on principal adds $3,097/yr, and five-year appreciation sums $132,615 alongside rental yield of 9.54%. Five-year ROI measures 136.4% and total cumulative return in cash totals $217,036.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,814/mo property income versus a $2,349/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
10,062 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21787, Taneytown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,813 (100%) |
| Owner Occupied HU | 3,820 (79.4%) |
| Renter Occupied HU | 761 (15.8%) |
| Vacant Housing Units | 232 ( 4.8%) |
| Median Home Value | $367,543 |
| Average Home Value | $413,278 |
Housing Distribution
Address Breakdown
Residential
4,790
Single Family
4,742
Multi-Family
48
Businesses
225
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices