6115 Canary LnSaint LeonardMD20685
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable, bankable, and well-priced, 6115 Canary Ln, Saint Leonard, MD, 20685 in Saint Leonard delivers $3,577/mo in gross rent and $207/mo in net monthly income at a $539,900 entry. The 7.95% yield and 1.47 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $149,164 over five years and $4,973/yr in equity from loan paydown, total projected return is $218,893.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 5.0% |
| Monthly Cash Flow | $207 | $800 |
City averages based on Saint Leonard market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,577 |
| Total Monthly Debt Service | $3,143 |
| DSCR Ratio | 1.14x |
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 2000
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20685, Saint Leonard, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,759 (100%) |
| Owner Occupied HU | 2,257 (81.8%) |
| Renter Occupied HU | 246 ( 8.9%) |
| Vacant Housing Units | 256 ( 9.3%) |
| Median Home Value | $484,609 |
| Average Home Value | $557,795 |
Housing Distribution
Address Breakdown
Residential
2,409
Single Family
2,409
Multi-Family
0
Businesses
77
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 2000
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20685, Saint Leonard, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,759 (100%) |
| Owner Occupied HU | 2,257 (81.8%) |
| Renter Occupied HU | 246 ( 8.9%) |
| Vacant Housing Units | 256 ( 9.3%) |
| Median Home Value | $484,609 |
| Average Home Value | $557,795 |
Housing Distribution
Address Breakdown
Residential
2,409
Single Family
2,409
Multi-Family
0
Businesses
77
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Bright MLS
Mls ID: #MDCA2025866