








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Columbia at 5378 Smooth Meadow Way UNIT B1D-02, Columbia, MD, 21044 offers a 9.5% rental yield on a $199,000 purchase with $1,575/mo rent. Total monthly income registers $1,575/mo, and a $974/mo payment leaves $337/mo available for distribution. Annual cash flow reaches $4,048/yr on $65,969 to close, and return on cash invested stands at 26.05% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 135.82% and total cumulative return in cash at $89,598. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,575/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 21044, Columbia, MD area.
| 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 |
Residential
20,145
Single Family
12,915
Multi-Family
7,230
Businesses
1,105
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Megan Burke • Keller Williams Flagship
Mls Name: Bright MLS
Mls ID: #MDHW2059726