611 Vanessa CtFinksburgMD21048
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 611 Vanessa Ct, Finksburg, MD, 21048 in Finksburg at $420,000 earns $2,810/mo in rent and nets $198/mo after the $1,889/mo payment, a 8.03% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $116,038 over five years. Ziffy Mortgage underwrites this on a 1.49 DSCR without U.S. credit history. With $3,868/yr in principal paydown, total projected return reaches $172,033.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.8% |
| Monthly Cash Flow | $198 | $350 |
City averages based on Finksburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,810 |
| Total Monthly Debt Service | $2,445 |
| DSCR Ratio | 1.15x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1975
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21048, Finksburg, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,204 (100%) |
| Owner Occupied HU | 3,739 (88.9%) |
| Renter Occupied HU | 321 ( 7.6%) |
| Vacant Housing Units | 144 ( 3.4%) |
| Median Home Value | $510,683 |
| Average Home Value | $563,145 |
Housing Distribution
Address Breakdown
Residential
4,091
Single Family
4,084
Multi-Family
7
Businesses
312
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1975
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21048, Finksburg, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,204 (100%) |
| Owner Occupied HU | 3,739 (88.9%) |
| Renter Occupied HU | 321 ( 7.6%) |
| Vacant Housing Units | 144 ( 3.4%) |
| Median Home Value | $510,683 |
| Average Home Value | $563,145 |
Housing Distribution
Address Breakdown
Residential
4,091
Single Family
4,084
Multi-Family
7
Businesses
312
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices