721 Central AveSykesvilleMD21784
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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 721 Central Ave, Sykesville, MD, 21784 priced at $449,900 pairs $3,090/mo rent with $292/mo cash flow after a $2,202/mo payment. Total monthly income equals $3,090/mo, and annual cash flow comes to $3,503/yr on $149,142 invested. Return on cash invested is 22.26% in year one, and rental yield stands at 8.24% on a $449,900 basis. Equity gained on principal adds $2,903/yr, and 5% annual appreciation accumulates to $124,299 by year five. Five-year ROI measures 115.47% and total cumulative return in cash reaches $172,210. For financing, Ziffy Mortgage’s DSCR program evaluates $3,090/mo property income against a $2,202/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1937
8,362 sqft 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: Chuck Zepp • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #MDCR2029378