633 Wallingford Rd Unit 302Bel AirMD21014
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 633 Wallingford Rd Unit 302, Bel Air, MD, 21014 in Bel Air earns a 10.33% gross yield at $310,000. Rent of $2,669/mo nets $226/mo after the $1,394/mo mortgage. The 1.91 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $85,647 and $2,855/yr in equity accumulation project a total cumulative return of $165,300.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 5.8% |
| Monthly Cash Flow | $226 | $850 |
City averages based on Bel Air market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,669 |
| Total Monthly Debt Service | $1,805 |
| DSCR Ratio | 1.48x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2010
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21014, Bel Air, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,850 (100%) |
| Owner Occupied HU | 12,181 (76.9%) |
| Renter Occupied HU | 3,197 (20.2%) |
| Vacant Housing Units | 472 ( 3.0%) |
| Median Home Value | $457,293 |
| Average Home Value | $489,682 |
Housing Distribution
Address Breakdown
Residential
15,279
Single Family
11,936
Multi-Family
3,343
Businesses
1,492
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
Condo
Built in 2010
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21014, Bel Air, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,850 (100%) |
| Owner Occupied HU | 12,181 (76.9%) |
| Renter Occupied HU | 3,197 (20.2%) |
| Vacant Housing Units | 472 ( 3.0%) |
| Median Home Value | $457,293 |
| Average Home Value | $489,682 |
Housing Distribution
Address Breakdown
Residential
15,279
Single Family
11,936
Multi-Family
3,343
Businesses
1,492
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices