6413 Fairest Dream LnColumbiaMD21044
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
Rental property for sale in Columbia at 6413 Fairest Dream Ln, Columbia, MD, 21044 generates $4,134/mo in rent, after a $4,160/mo payment. Total monthly income is $4,134/mo. Return on cash invested sits at 15.12% in year one, and rental yield is 5.84% on a $850,000 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 77.14% and total cumulative return in cash sums $215,722. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,134/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
8,007 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21044, Columbia, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,678 (100%) |
| Owner Occupied HU | 11,050 (53.4%) |
| Renter Occupied HU | 8,488 (41.0%) |
| Vacant Housing Units | 1,140 ( 5.5%) |
| Median Home Value | $629,747 |
| Average Home Value | $657,495 |
Housing Distribution
Address Breakdown
Residential
20,145
Single Family
12,915
Multi-Family
7,230
Businesses
1,105
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices