523 Kenora DrMillersvilleMD21108
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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 Millersville at 523 Kenora Dr, Millersville, MD, 21108 generates $2,624/mo in rent and, after a $1,775/mo payment, leaves $368/mo in cash flow. Total monthly income is $2,624/mo, and annual cash flow is $4,421/yr on $120,235 invested. Return on cash invested sits at 23.59% in year one, and rental yield is 8.68% on a $362,700 entry. Equity gained on principal adds $2,340/yr, while 5% annual appreciation builds toward $100,207 over five years. Five-year ROI reaches 122.61% and total cumulative return in cash sums $147,425. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,624/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
7,355 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21108, Millersville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,115 (100%) |
| Owner Occupied HU | 5,811 (81.7%) |
| Renter Occupied HU | 1,102 (15.5%) |
| Vacant Housing Units | 202 ( 2.8%) |
| Median Home Value | $612,881 |
| Average Home Value | $630,284 |
Housing Distribution
Address Breakdown
Residential
7,091
Single Family
6,803
Multi-Family
288
Businesses
718
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Listed by: Hilda Whittington • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #MDAA2135530