6118 Starburn Path, Columbia, MD, 21045 | $233/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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6118 Starburn Path, Columbia, MD, 21045 | $233/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Columbia at 6118 Starburn Path, Columbia, MD, 21045 generates $3,032/mo in rent and, after a $2,203/mo payment, leaves $233/mo in cash flow. Total monthly income is $3,032/mo, and annual cash flow is $2,793/yr on $149,175 invested. Return on cash invested sits at 21.78% in year one, and rental yield is 8.09% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 112.92% and total cumulative return in cash sums $168,450. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,032/mo property income rather than buyer’s personal income.

Townhouse

Built in 1995

1,800 sqft lot

$N/A/sqft

No HOA

More details about the property

What a joy! Move right in to this beautifully updated townhome in a desirable community. Seller has made numerous updates throughout and did all the heavy lifting for you! Enter into a light filled home w/an all white kitchen, and plenty of room to create your culinary delights. A nice sized pass thru opening brings the LR and Dining Area into view from the kitchen. Exit to the large rear deck from the LR. Perfect for entertaining! Nicely appointed Powder Room for guests is conveniently located on the main level. Upstairs there are 2 Spacious Primary Suites with, vaulted ceilings, walk in closets, and lovely full baths. (The seller had a desk in the hallway for work at home days). The lower level is finished with a well sized Recreation/Family Room, a wood burning FPL that has never been used (and has an electric insert) for those who want some atmosphere. Flooring in LL is Porcelain Tile. There is an additional bedroom, office, or workout room, and a very nicely updated full bath with walk-in shower. Perfect for guests! The backyard is fully fenced and ready for your 3 season entertaining. Lots of updates in this cream puff: New Compressor (2016), Front Sewer Line Replaced (2017), All Kitchen Appliances (2019), Washer & Dryer (2019), Gas HWH (2019), 3 of 4 Bathrooms were updated in 2019, New Roof, (2020) New Windows, (2019), New Front & Back Doors (2019), 3 levels of flooring replaced( 2017), New Lighting Fixtures (2017), Kitchen Cabinets Painted White. Make your appointment and come see why you will make this house your new home!

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