6 Banyan Wood CtEssexMD21221
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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
Investment property for sale in Essex at 6 Banyan Wood Ct, Essex, MD, 21221 at $150,000 posts ROI 26.17% with $259/mo cash flow from $1,192/mo rent. Total monthly income equals $1,192/mo, and annual cash flow records $3,111/yr on $49,725 to close. Return on cash invested measures 26.17% and rental yield reads 9.54% at the current $150,000. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 by year five. Five-year ROI prints 136.53% and total cumulative return in cash totals $67,890.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,192/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21221, Essex, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,932 (100%) |
| Owner Occupied HU | 10,323 (54.5%) |
| Renter Occupied HU | 7,425 (39.2%) |
| Vacant Housing Units | 1,184 ( 6.3%) |
| Median Home Value | $342,296 |
| Average Home Value | $396,170 |
Housing Distribution
Address Breakdown
Residential
18,374
Single Family
13,680
Multi-Family
4,694
Businesses
868
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