616 Lakeland Rd SSeverna ParkMD21146
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
Investment Highlights
Investment property for sale in Severna Park at 616 Lakeland Rd S, Severna Park, MD, 21146 listed at $1,425,000 pairs $4,080/mo rent with a $6,975/mo payment. Total monthly income runs $4,080/mo. Return on cash invested measures 7.94% in year one, and rental yield registers 3.44% at a $1,425,000 basis. Equity gained on principal adds $9,195/yr, and annual property appreciation at 5% supports $393,701 by year five. Five-year ROI tracks 38.59% and total cumulative return in cash totals $178,172. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,080/mo property income relative to a $6,975/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21146, Severna Park, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,171 (100%) |
| Owner Occupied HU | 8,817 (86.7%) |
| Renter Occupied HU | 991 ( 9.7%) |
| Vacant Housing Units | 363 ( 3.6%) |
| Median Home Value | $688,893 |
| Average Home Value | $783,624 |
Housing Distribution
Address Breakdown
Residential
10,158
Single Family
9,749
Multi-Family
409
Businesses
916
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nona Biser • Monument Sotheby's International Realty
Mls Name: Bright MLS
Mls ID: #MDAA2127414