6064 Old Lawyers Hill RdElkridgeMD21075
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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
Rental property for sale in Elkridge at 6064 Old Lawyers Hill Rd, Elkridge, MD, 21075 generates $3,727/mo in rent, after a $5,139/mo payment. Total monthly income is $3,727/mo. Return on cash invested sits at 10.48% in year one, and rental yield is 4.26% on a $1,050,000 entry. Equity gained on principal adds $6,775/yr, while 5% annual appreciation builds toward $290,096 over five years. Five-year ROI reaches 52.23% and total cumulative return in cash sums $177,677. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,727/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
3.83 Acres 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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