6453 Harthorn AveElkridgeMD21075
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 Elkridge at 6453 Harthorn Ave, Elkridge, MD, 21075 priced at $258,967 converts $3,132/mo rent into $1,513/mo cash flow after a $1,268/mo obligation. Total monthly income equals $3,132/mo, and annual cash flow totals $18,157/yr on $85,848 invested. Return on cash invested prints 41.06% in year one, and rental yield reads 14.51% against a $258,967 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation compiles into $71,548 by year five. Five-year ROI reaches 216.4% and total cumulative return in cash sums $185,777. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,132/mo property income covering a $1,268/mo payment, not borrower’s personal income.
Single Family
Built in 1940
9,000 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