








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Elkridge at 6119 Fairbourne Ct, Elkridge, MD, 21076 priced at $650,000 pairs $3,827/mo rent with after a $3,181/mo payment. Total monthly income equals $3,827/mo. Return on cash invested is 18.77% in year one, and rental yield stands at 7.07% on a $650,000 basis. Equity gained on principal adds $4,194/yr, and 5% annual appreciation accumulates to $179,583 by year five. Five-year ROI measures 96.79% and total cumulative return in cash reaches $206,990. For financing, Ziffy Mortgage’s DSCR program evaluates $3,827/mo property income against a $3,181/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
0.27 Acres lot
$N/A/sqft
$175 annually HOA
Neighborhood data shown for ZIP Code: 21076, Hanover, MD area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,788 (100%) |
| Owner Occupied HU | 6,672 (61.8%) |
| Renter Occupied HU | 3,466 (32.1%) |
| Vacant Housing Units | 650 ( 6.0%) |
| Median Home Value | $519,950 |
| Average Home Value | $540,082 |
Residential
10,958
Single Family
8,300
Multi-Family
2,658
Businesses
1,127
Date | Event | Price |
|---|---|---|
| 2025-04-07 | Listed for sale | $650,000 |
| 2010-08-26 | Sold | $374,500 |
| 2010-06-25 | Price change | $374,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-09 | $5440.83 | -2.11% | $483,200 | -2.11% |
| 2023-04-09 | $5557.94 | 7.85% | $493,600 | N/A |
| 2022-04-09 | $5153.33 | 8.52% | $493,600 | 17.04% |



Listed by: Ana Gabrea • EXP Realty, LLC
Mls Name: Bright MLS
Mls Provider:
Mls ID: #MDHW2051610
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