520 Walters Mill RdForest HillMD21050
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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 Forest Hill at 520 Walters Mill Rd, Forest Hill, MD, 21050 priced at $1,119,900 converts $5,540/mo rent into after a $5,481/mo obligation. Total monthly income equals $5,540/mo. Return on cash invested prints 15.66% in year one, and rental yield reads 5.94% against a $1,119,900 entry. Equity gained on principal adds $7,227/yr, while 5% annual appreciation compiles into $309,408 by year five. Five-year ROI reaches 79.99% and total cumulative return in cash sums $290,259. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,540/mo property income covering a $5,481/mo payment, not borrower’s personal income.
Single Family
Built in 2022
2.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21050, Forest Hill, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,018 (100%) |
| Owner Occupied HU | 6,173 (88.0%) |
| Renter Occupied HU | 667 ( 9.5%) |
| Vacant Housing Units | 178 ( 2.5%) |
| Median Home Value | $520,043 |
| Average Home Value | $540,450 |
Housing Distribution
Address Breakdown
Residential
7,010
Single Family
6,235
Multi-Family
775
Businesses
550
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Listed by: Ryan Dona • Star Realty Inc.
Mls Name: Bright MLS
Mls ID: #MDHR2044292