754 Mulligan LnWestminsterMD21158
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Nearby investment properties with comparable prices
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 Westminster at 754 Mulligan Ln, Westminster, MD, 21158 offers $3,593/mo rent that, after a $2,349/mo payment, leaves $608/mo cash flow. Total monthly income is $3,593/mo, and annual cash flow is $7,296/yr on $159,120 cash. Return on cash invested measures 24.49% in year one, and rental yield stands at 8.98% at a $480,000 entry. Equity gained on principal adds $3,097/yr while 5% annual appreciation compounds into $132,615 by year five. Five-year ROI records 127.46% and total cumulative return in cash reaches $202,817. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,593/mo property income versus a $2,349/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
8,095 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21158, Westminster, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,060 (100%) |
| Owner Occupied HU | 6,334 (78.6%) |
| Renter Occupied HU | 1,386 (17.2%) |
| Vacant Housing Units | 340 ( 4.2%) |
| Median Home Value | $444,306 |
| Average Home Value | $497,359 |
Housing Distribution
Address Breakdown
Residential
8,010
Single Family
7,474
Multi-Family
536
Businesses
429
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Listed by: Jennifer Young • Keller Williams Realty
Mls Name: Bright MLS
Mls ID: #MDCR2032058