6505 E Ridenour Way #X5XRH1SykesvilleMD21784
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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 Sykesville at 6505 E Ridenour Way #X5XRH1, Sykesville, MD, 21784 generates $3,454/mo in rent and, after a $2,444/mo payment, leaves $348/mo in cash flow. Total monthly income is $3,454/mo, and annual cash flow is $4,180/yr on $165,551 invested. Return on cash invested sits at 22.43% in year one, and rental yield is 8.3% on a $499,400 entry. Equity gained on principal adds $3,223/yr, while 5% annual appreciation builds toward $137,975 over five years. Five-year ROI reaches 116.44% and total cumulative return in cash sums $192,767. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,454/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21784, Sykesville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,119 (100%) |
| Owner Occupied HU | 12,813 (84.7%) |
| Renter Occupied HU | 1,910 (12.6%) |
| Vacant Housing Units | 396 ( 2.6%) |
| Median Home Value | $543,643 |
| Average Home Value | $578,098 |
Housing Distribution
Address Breakdown
Residential
14,702
Single Family
13,826
Multi-Family
876
Businesses
1,070
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Listed by: N/A • N/A
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