519 Riderwood DrLutherville TimoniumMD21093
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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 Lutherville Timonium at 519 Riderwood Dr, Lutherville Timonium, MD, 21093 priced at $369,900 pairs $2,906/mo rent with $606/mo cash flow after a $1,810/mo payment. Total monthly income equals $2,906/mo, and annual cash flow comes to $7,271/yr on $122,622 invested. Return on cash invested is 25.84% in year one, and rental yield stands at 9.43% on a $369,900 basis. Equity gained on principal adds $2,387/yr, and 5% annual appreciation accumulates to $102,197 by year five. Five-year ROI measures 134.68% and total cumulative return in cash reaches $165,142. For financing, Ziffy Mortgage’s DSCR program evaluates $2,906/mo property income against a $1,810/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21093, Lutherville Timonium, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,522 (100%) |
| Owner Occupied HU | 12,798 (77.5%) |
| Renter Occupied HU | 2,999 (18.2%) |
| Vacant Housing Units | 725 ( 4.4%) |
| Median Home Value | $511,519 |
| Average Home Value | $601,915 |
Housing Distribution
Address Breakdown
Residential
16,570
Single Family
11,950
Multi-Family
4,620
Businesses
1,469
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Listed by: James Leyh • MJL Realty LLC
Mls Name: Bright MLS
Mls ID: #MDBC2148220