5354 Smooth Meadow Way UNIT 1, Columbia, MD, 21044 | $600/mo Cash Flow

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5354 Smooth Meadow Way UNIT 1, Columbia, MD, 21044 | $600/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Columbia at 5354 Smooth Meadow Way UNIT 1, Columbia, MD, 21044 offers a 10.66% rental yield on a $225,000 purchase with $1,999/mo rent. Total monthly income registers $1,999/mo, and a $1,101/mo payment leaves $600/mo available for distribution. Annual cash flow reaches $7,198/yr on $74,588 to close, and return on cash invested stands at 29.56% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 154.62% and total cumulative return in cash at $115,329. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,999/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1984

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 5354 Smooth Meadow Waya charming ground-level condo nestled in the heart of Columbias sought-after Vantage Point neighborhood. This spacious 1-bedroom, 1-bathroom home offers a thoughtful layout, tasteful finishes, and the perfect balance of privacy, comfort, and unbeatable location. Step inside to find luxury vinyl plank flooring throughout, adding warmth and durability to the entire space. Youre welcomed by a foyer with a large coat closet, leading into a bright and airy living room complete with a cozy wood-burning fireplace and a remote-controlled ceiling fan. A new sliding glass door opens to your private patioideal for enjoying your morning coffee or relaxing at the end of the day. The kitchen is both stylish and functional, featuring granite countertops, stainless appliances, a breakfast bar, and ample cabinetry. Adjacent to the kitchen, the dedicated dining area includes its own ceiling fan and offers plenty of space for everyday meals or casual entertaining. The generously sized bedroom includes another ceiling fan and large window, while the spacious full bath features updated finishes and neutral tones. Youll also appreciate the large in-unit laundry/storage room, equipped with new washer and dryer, offering convenience and practicality rarely found in similar condos. Plenty of unassigned parking is available just outside your door, and the community offers endless amenities including lakes, parks, and serene walking paths. Enjoy the best of both worlds with this locationpeacefully tucked into the Little Patuxent River watershed area, yet just a short stroll from Downtown Columbia, Lake Kittamaqundi, the Merriweather District, Symphony Woods, the Chrysalis, and Merriweather Post Pavilion. Youll also enjoy quick access to Rt. 29, I-95, and other major commuter routes. Whether youre a first-time buyer, downsizing, or looking for an ideal investment property, this condo offers the perfect blend of lifestyle, location, and value. Dont miss your chance to own in one of Columbias most vibrant communitiesschedule your showing today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 21044, Columbia, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,678 (100%)
Owner Occupied HU	11,050 (53.4%)
Renter Occupied HU	8,488 (41.0%)
Vacant Housing Units	1,140 ( 5.5%)
Median Home Value	$629,747
Average Home Value	$657,495