670 Spring Meadow DrWestminsterMD21158
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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 Westminster at 670 Spring Meadow Dr, Westminster, MD, 21158 offers $5,005/mo rent that, after a $3,666/mo payment, leaves $347/mo cash flow. Total monthly income is $5,005/mo, and annual cash flow is $4,159/yr on $246,421 cash. Return on cash invested measures 21.75% in year one, and rental yield stands at 8.02% at a $749,000 entry. Equity gained on principal adds $4,833/yr while 5% annual appreciation compounds into $206,935 by year five. Five-year ROI records 112.71% and total cumulative return in cash reaches $277,732. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,005/mo property income versus a $3,666/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21158, Westminster, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,060 (100%) |
| Owner Occupied HU | 6,334 (78.6%) |
| Renter Occupied HU | 1,386 (17.2%) |
| Vacant Housing Units | 340 ( 4.2%) |
| Median Home Value | $444,306 |
| Average Home Value | $497,359 |
Housing Distribution
Address Breakdown
Residential
8,010
Single Family
7,474
Multi-Family
536
Businesses
429
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Listed by: Zugell Jamison • Cummings & Co. Realtors
Mls Name: Bright MLS
Mls ID: #MDCR2029662