629 Nollmeyer Rd, Middle River, MD, 21220 | $160/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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629 Nollmeyer Rd, Middle River, MD, 21220 | $160/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

Investment property for sale in Middle River at 629 Nollmeyer Rd, Middle River, MD, 21220 uses $77,903 cash to close to unlock $1,915/yr annual cash flow and $160/mo monthly cash flow. Total monthly income runs $1,621/mo, and a $1,150/mo payment keeps the spread at $160/mo. Purchase price stands at $235,000, and rental yield measures 8.28% with $1,621/mo rent. Return on cash invested shows 22.37% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 116.07% and total cumulative return in cash records $90,424. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,621/mo property income covering a $1,150/mo payment rather than investor’s personal income.

Townhouse

Built in 1991

3,900 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this end of the group townhome in the well-established neighborhood of Carrollwood Manor. Step inside and you will find an open floor plan with lots of natural light and carpet flooring. The seamless integration of the living, dining, and kitchen areas creates a warm and inviting atmosphere. The nice sized kitchen has custom-made cabinet, tile flooring and appliances. While the living -dining room combo is spacious with a fireplace. From the living room, you can easily access the wide deck which is great place for you and your guest to unwind and have outdoor fun. When you venture to the upper level, you will see three bedrooms (including a master bedroom) and a full bathroom. The finished basement is a surprise with its large family room, full bathroom and laundry area. Residents of Carrollwood Manor enjoy amenities including the beautiful water views of Seneca Creek and the marina. Furthermore, the community is a few minutes away from Martin State Airport. Walmart, and local restaurants, Don't miss this amazing opportunity! Schedule your showing today.

Neighborhood Data

Neighborhood data shown for ZIP Code: 21220, Middle River, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,638 (100%)
Owner Occupied HU	11,529 (61.9%)
Renter Occupied HU	5,869 (31.5%)
Vacant Housing Units	1,240 ( 6.7%)
Median Home Value	$340,792
Average Home Value	$401,193