600 McKinsey Park Dr APT 102Severna ParkMD21146
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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 Severna Park at 600 McKinsey Park Dr APT 102, Severna Park, MD, 21146 listed at $384,900 pairs $3,107/mo rent with a $1,884/mo payment to leave $713/mo cash flow. Total monthly income runs $3,107/mo, and annual cash flow reaches $8,556/yr on $127,594 cash to close. Return on cash invested measures 26.61% in year one, and rental yield registers 9.69% at a $384,900 basis. Equity gained on principal adds $2,484/yr, and annual property appreciation at 5% supports $106,341 by year five. Five-year ROI tracks 138.83% and total cumulative return in cash totals $177,135. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,107/mo property income relative to a $1,884/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21146, Severna Park, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,171 (100%) |
| Owner Occupied HU | 8,817 (86.7%) |
| Renter Occupied HU | 991 ( 9.7%) |
| Vacant Housing Units | 363 ( 3.6%) |
| Median Home Value | $688,893 |
| Average Home Value | $783,624 |
Housing Distribution
Address Breakdown
Residential
10,158
Single Family
9,749
Multi-Family
409
Businesses
916
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Listed by: Bev Langley • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #MDAA2125816