6051 Majors Ln UNIT 3ColumbiaMD21045
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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 Columbia at 6051 Majors Ln UNIT 3, Columbia, MD, 21045 uses $79,527 cash to close to unlock $7,874/yr annual cash flow and $656/mo monthly cash flow. Total monthly income runs $2,148/mo, and a $1,174/mo payment keeps the spread at $656/mo. Purchase price stands at $239,900, and rental yield measures 10.74% with $2,148/mo rent. Return on cash invested shows 29.81% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 156.03% and total cumulative return in cash records $124,087. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,148/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Condo
Built in 1967
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21045, Columbia, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,435 (100%) |
| Owner Occupied HU | 10,201 (66.1%) |
| Renter Occupied HU | 4,829 (31.3%) |
| Vacant Housing Units | 405 ( 2.6%) |
| Median Home Value | $491,719 |
| Average Home Value | $519,908 |
Housing Distribution
Address Breakdown
Residential
15,220
Single Family
12,375
Multi-Family
2,845
Businesses
1,739
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