6025 Rock Glen Dr #5-504ElkridgeMD21075
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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 Elkridge at 6025 Rock Glen Dr #5-504, Elkridge, MD, 21075 uses $79,527 cash to close to unlock $9,974/yr annual cash flow and $831/mo monthly cash flow. Total monthly income runs $2,323/mo, and a $1,174/mo payment keeps the spread at $831/mo. Purchase price stands at $239,900, and rental yield measures 11.62% with $2,323/mo rent. Return on cash invested shows 32.45% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 170.19% and total cumulative return in cash records $135,343. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,323/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21075, Elkridge, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,735 (100%) |
| Owner Occupied HU | 8,811 (64.1%) |
| Renter Occupied HU | 4,584 (33.4%) |
| Vacant Housing Units | 340 ( 2.5%) |
| Median Home Value | $514,340 |
| Average Home Value | $560,891 |
Housing Distribution
Address Breakdown
Residential
13,951
Single Family
10,041
Multi-Family
3,910
Businesses
1,062
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