7418 2nd 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 7418 2nd Ave, Sykesville, MD, 21784 generates $2,944/mo in rent, after a $2,619/mo payment. Total monthly income is $2,944/mo. Return on cash invested sits at 17.44% in year one, and rental yield is 6.6% on a $535,000 entry. Equity gained on principal adds $3,452/yr, while 5% annual appreciation builds toward $147,811 over five years. Five-year ROI reaches 89.65% and total cumulative return in cash sums $157,792. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,944/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
0.34 Acres 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: Sylvia Rollins-jones • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls Provider:
Mls ID: #MDCR2023350
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