820 Mill Creek RdArnoldMD21012
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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 Arnold at 820 Mill Creek Rd, Arnold, MD, 21012 priced at $1,613,100 converts $5,005/mo rent into after a $7,895/mo obligation. Total monthly income equals $5,005/mo. Return on cash invested prints 8.83% in year one, and rental yield reads 3.72% against a $1,613,100 entry. Equity gained on principal adds $10,409/yr, while 5% annual appreciation compiles into $445,670 by year five. Five-year ROI reaches 43.35% and total cumulative return in cash sums $226,584. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,005/mo property income covering a $7,895/mo payment, not borrower’s personal income.
Single Family
Built in 1963
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21012, Arnold, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,487 (100%) |
| Owner Occupied HU | 7,081 (83.4%) |
| Renter Occupied HU | 1,093 (12.9%) |
| Vacant Housing Units | 313 ( 3.7%) |
| Median Home Value | $625,563 |
| Average Home Value | $712,094 |
Housing Distribution
Address Breakdown
Residential
8,353
Single Family
7,712
Multi-Family
641
Businesses
535
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