636 Wallingford Rd #3JBel AirMD21014
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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
Investment Highlights
Rental property for sale in Bel Air at 636 Wallingford Rd #3J, Bel Air, MD, 21014 generates $2,732/mo in rent and, after a $1,958/mo payment, leaves $244/mo in cash flow. Total monthly income is $2,732/mo, and annual cash flow is $2,928/yr on $132,600 invested. Return on cash invested sits at 22.12% in year one, and rental yield is 8.2% on a $399,999 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,512 over five years. Five-year ROI reaches 114.72% and total cumulative return in cash sums $152,115. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,732/mo property income rather than buyer’s personal income.
Condo
Built in 2020
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
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