807 Hillstead DrLutherville TimoniumMD21093
Nearby investment properties with comparable rents
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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 Lutherville Timonium at 807 Hillstead Dr, Lutherville Timonium, MD, 21093 priced at $1,495,000 converts $8,269/mo rent into after a $7,317/mo obligation. Total monthly income equals $8,269/mo. Return on cash invested prints 17.82% in year one, and rental yield reads 6.64% against a $1,495,000 entry. Equity gained on principal adds $9,647/yr, while 5% annual appreciation compiles into $413,041 by year five. Five-year ROI reaches 91.59% and total cumulative return in cash sums $443,653. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $8,269/mo property income covering a $7,317/mo payment, not borrower’s personal income.
Single Family
Built in 1990
2.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21093, Lutherville Timonium, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,522 (100%) |
| Owner Occupied HU | 12,798 (77.5%) |
| Renter Occupied HU | 2,999 (18.2%) |
| Vacant Housing Units | 725 ( 4.4%) |
| Median Home Value | $511,519 |
| Average Home Value | $601,915 |
Housing Distribution
Address Breakdown
Residential
16,570
Single Family
11,950
Multi-Family
4,620
Businesses
1,469
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Listed by: Paul Sudano • Monument Sotheby's International Realty
Mls Name: Bright MLS
Mls Provider:
Mls ID: #MDBC2104266
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