707 Lynn Gate Rd #12Severna ParkMD21146
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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
Investment property for sale in Severna Park at 707 Lynn Gate Rd #12, Severna Park, MD, 21146 earns from $4,092/mo rent with a $3,744/mo payment. Total monthly income totals $4,092/mo. ROI tracks 16.89% on current figures, and rental yield reads 6.42% at a $765,000 purchase. Equity gained on principal adds $4,936/yr, and 5% annual appreciation supports $211,355 over five years. Five-year ROI reaches 86.65% and total cumulative return in cash sums $218,075. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,092/mo property income instead of your personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21146, Severna Park, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,171 (100%) |
| Owner Occupied HU | 8,817 (86.7%) |
| Renter Occupied HU | 991 ( 9.7%) |
| Vacant Housing Units | 363 ( 3.6%) |
| Median Home Value | $688,893 |
| Average Home Value | $783,624 |
Housing Distribution
Address Breakdown
Residential
10,158
Single Family
9,749
Multi-Family
409
Businesses
916
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Listed by: Bonnie Fleishman • Douglas Realty, LLC
Mls Name: Bright MLS
Mls ID: #MDAA2133232