59 Chase St, Westminster, MD, 21157 | $24/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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59 Chase St, Westminster, MD, 21157 | $24/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

Rental property for sale in Westminster at 59 Chase St, Westminster, MD, 21157 generates $2,648/mo in rent and, after a $2,065/mo payment, leaves $24/mo in cash flow. Total monthly income is $2,648/mo, and annual cash flow is $286/yr on $139,893 invested. Return on cash invested sits at 20.11% in year one, and rental yield is 7.53% on a $422,000 entry. Equity gained on principal adds $2,723/yr, while 5% annual appreciation builds toward $116,591 over five years. Five-year ROI reaches 103.98% and total cumulative return in cash sums $145,463. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,648/mo property income rather than buyer’s personal income.

Single Family

Built in 1963

6,600 sqft lot

$N/A/sqft

No HOA

More details about the property

This fantastic brick rancher offers an impressive amount of space with three bedrooms plus a main-level office or nursery, along with three full baths (two on the main level and one downstairs). Built in 1963, the home still carries plenty of charm, including an added walk-in closet in the primary bedroom, while also featuring thoughtful updates throughout. The main level will surprise you with its generous square footagemuch more spacious than it appears from the outside. The remodeled kitchen showcases an open layout with granite counters, new cabinets, a brand-new gas stove and dishwasher (2025), new lighting, and a refrigerator with ice maker (2023). The living room highlights a beautiful brick fireplace and hearth, replacement windows, new lighting, and gleaming hardwood floors. A large family room provides easy access to the fenced backyard, perfect for gatherings or relaxing evenings. The finished lower level expands your entertaining options with a large recreation room, a huge storage area, plus an additional storage room with its own private entrance. Located close to Westminster's King Park, youll enjoy access to a playground, volleyball and tennis courts, picnic pavilions, and its dog-friendly perfect for evening walks and outdoor fun. This spacious home has been lovingly updated and maintained, making it ready for new owners to move in and enjoy all of its wonderful features.

Neighborhood Data

Neighborhood data shown for ZIP Code: 21157, Westminster, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,358 (100%)
Owner Occupied HU	11,007 (71.7%)
Renter Occupied HU	3,696 (24.1%)
Vacant Housing Units	655 ( 4.3%)
Median Home Value	$438,695
Average Home Value	$477,453