613 Barnes AveWestminsterMD21157
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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
Investment Highlights
Rental property for sale in Westminster at 613 Barnes Ave, Westminster, MD, 21157 offers $3,061/mo rent that, after a $2,080/mo payment, leaves $418/mo cash flow. Total monthly income is $3,061/mo, and annual cash flow is $5,016/yr on $140,854 cash. Return on cash invested measures 23.47% in year one, and rental yield stands at 8.64% at a $424,900 entry. Equity gained on principal adds $2,742/yr while 5% annual appreciation compounds into $117,392 by year five. Five-year ROI records 122.01% and total cumulative return in cash reaches $171,861. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,061/mo property income versus a $2,080/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21157, Westminster, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,358 (100%) |
| Owner Occupied HU | 11,007 (71.7%) |
| Renter Occupied HU | 3,696 (24.1%) |
| Vacant Housing Units | 655 ( 4.3%) |
| Median Home Value | $438,695 |
| Average Home Value | $477,453 |
Housing Distribution
Address Breakdown
Residential
14,992
Single Family
14,137
Multi-Family
855
Businesses
1,432
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Listed by: David Stella • Corner House Realty
Mls Name: Bright MLS
Mls ID: #MDCR2029420