615 Geneva DrWestminsterMD21157
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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 615 Geneva Dr, Westminster, MD, 21157 priced at $429,900 pairs $3,192/mo rent with $518/mo cash flow after a $2,104/mo payment. Total monthly income equals $3,192/mo, and annual cash flow comes to $6,221/yr on $142,512 invested. Return on cash invested is 24.27% in year one, and rental yield stands at 8.91% on a $429,900 basis. Equity gained on principal adds $2,774/yr, and 5% annual appreciation accumulates to $118,773 by year five. Five-year ROI measures 126.3% and total cumulative return in cash reaches $179,995. For financing, Ziffy Mortgage’s DSCR program evaluates $3,192/mo property income against a $2,104/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1966
0.31 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: Barry Hess • Keller Williams Flagship
Mls Name: Bright MLS
Mls ID: #MDCR2031774