6352 Green Field RdElkridgeMD21075
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 Elkridge at 6352 Green Field Rd, Elkridge, MD, 21075 uses $122,622 cash to close to unlock $3,551/yr annual cash flow and $296/mo monthly cash flow. Total monthly income runs $2,596/mo, and a $1,810/mo payment keeps the spread at $296/mo. Purchase price stands at $369,900, and rental yield measures 8.42% with $2,596/mo rent. Return on cash invested shows 22.8% in year one, and 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 118.4% and total cumulative return in cash records $145,186. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,596/mo property income covering a $1,810/mo payment rather than investor’s personal income.
Townhouse
Built in 1989
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21075, Elkridge, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,735 (100%) |
| Owner Occupied HU | 8,811 (64.1%) |
| Renter Occupied HU | 4,584 (33.4%) |
| Vacant Housing Units | 340 ( 2.5%) |
| Median Home Value | $514,340 |
| Average Home Value | $560,891 |
Housing Distribution
Address Breakdown
Residential
13,951
Single Family
10,041
Multi-Family
3,910
Businesses
1,062
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices