81 Carroll St #81WestminsterMD21157
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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 Westminster at 81 Carroll St #81, Westminster, MD, 21157 generates $1,651/mo in rent and, after a $871/mo payment, leaves $344/mo in cash flow. Total monthly income is $1,651/mo, and annual cash flow is $4,131/yr on $58,974 invested. Return on cash invested sits at 26.91% in year one, and rental yield is 11.14% on a $177,900 entry. Equity gained on principal adds $1,148/yr, while 5% annual appreciation builds toward $49,150 over five years. Five-year ROI reaches 142% and total cumulative return in cash sums $83,741. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,651/mo property income rather than buyer’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21157, Westminster, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,358 (100%) |
| Owner Occupied HU | 11,007 (71.7%) |
| Renter Occupied HU | 3,696 (24.1%) |
| Vacant Housing Units | 655 ( 4.3%) |
| Median Home Value | $438,695 |
| Average Home Value | $477,453 |
Housing Distribution
Address Breakdown
Residential
14,992
Single Family
14,137
Multi-Family
855
Businesses
1,432
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Listed by: Daniel Register • Northrop Realty
Mls Name: Long & Foster Broker Feed
Mls Provider:
Mls ID: #MDCR2024286
Disclaimer: Listing information is deemed reliable, but not guaranteed.