6625 Latrobe Fls #88ElkridgeMD21075
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 6625 Latrobe Fls #88, Elkridge, MD, 21075 in Elkridge speaks for itself: 10.46% gross on a $435,000 price, generating $3,793/mo in rent and $904/mo in net income after the $1,956/mo debt service. DSCR 1.94, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,845 stacks alongside $120,182 in projected five-year appreciation and $4,006/yr in principal reduction. Projected total cumulative return: $235,003.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 6.5% |
| Monthly Cash Flow | $904 | $450 |
City averages based on Elkridge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,793 |
| Total Monthly Debt Service | $2,532 |
| DSCR Ratio | 1.50x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2010
N/A 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
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
Townhouse
Built in 2010
N/A 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