7096 Water Oak Rd UNIT 121ElkridgeMD21075
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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 Elkridge at 7096 Water Oak Rd UNIT 121, Elkridge, MD, 21075 earns $724/mo cash flow from $3,335/mo rent with a $2,055/mo payment. Total monthly income totals $3,335/mo, and annual cash flow totals $8,685/yr on $139,159 capital. ROI tracks 26.15% on current figures, and rental yield reads 9.53% at a $419,786 purchase. Equity gained on principal adds $2,709/yr, and 5% annual appreciation supports $115,979 over five years. Five-year ROI reaches 136.36% and total cumulative return in cash sums $189,756. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,335/mo property income instead of your personal income.
Townhouse
Built in 2005
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
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