73 Carnival DrTaneytownMD21787
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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 Taneytown at 73 Carnival Dr, Taneytown, MD, 21787 uses $58,013 cash to close to unlock $6,061/yr annual cash flow and $505/mo monthly cash flow. Total monthly income runs $1,594/mo, and a $857/mo payment keeps the spread at $505/mo. Purchase price stands at $175,000, and rental yield measures 10.93% with $1,594/mo rent. Return on cash invested shows 30.36% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 159% and total cumulative return in cash records $92,239. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,594/mo property income covering a $857/mo payment rather than investor’s personal income.
Townhouse
Built in 1980
4,320 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21787, Taneytown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,813 (100%) |
| Owner Occupied HU | 3,820 (79.4%) |
| Renter Occupied HU | 761 (15.8%) |
| Vacant Housing Units | 232 ( 4.8%) |
| Median Home Value | $367,543 |
| Average Home Value | $413,278 |
Housing Distribution
Address Breakdown
Residential
4,790
Single Family
4,742
Multi-Family
48
Businesses
225
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