805 Joshua Tree CtOwings MillsMD21117
Nearby investment properties with comparable rents
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 Owings Mills at 805 Joshua Tree Ct, Owings Mills, MD, 21117 offers $3,054/mo rent that, after a $1,542/mo payment, leaves $1,095/mo cash flow. Total monthly income is $3,054/mo, and annual cash flow is $13,135/yr on $104,423 cash. Return on cash invested measures 32.49% in year one, and rental yield stands at 11.63% at a $315,000 entry. Equity gained on principal adds $2,033/yr while 5% annual appreciation compounds into $87,029 by year five. Five-year ROI records 170.36% and total cumulative return in cash reaches $177,893. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,054/mo property income versus a $1,542/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1990
1,481 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21117, Owings Mills, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,037 (100%) |
| Owner Occupied HU | 12,762 (49.0%) |
| Renter Occupied HU | 11,499 (44.2%) |
| Vacant Housing Units | 1,776 ( 6.8%) |
| Median Home Value | $420,475 |
| Average Home Value | $492,199 |
Housing Distribution
Address Breakdown
Residential
25,785
Single Family
15,012
Multi-Family
10,773
Businesses
1,909
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Derek Blazer • Cummings & Co. Realtors
Mls Name: Bright MLS
Mls ID: #MDBC2146052