8221 Parham CtSevernMD21144
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 8221 Parham Ct, Severn, MD, 21144 in Severn is straightforward: $305,000 in, $2,434/mo in rent, $201/mo out after debt service. The 9.57% gross yield and 1.78 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $84,266 by year five. With $2,809/yr in principal equity, the total cumulative return is projected at $150,278.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 5.0% |
| Monthly Cash Flow | $201 | $1,500 |
City averages based on Severn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,434 |
| Total Monthly Debt Service | $1,776 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21144, Severn, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,830 (100%) |
| Owner Occupied HU | 10,261 (74.2%) |
| Renter Occupied HU | 3,024 (21.9%) |
| Vacant Housing Units | 545 ( 3.9%) |
| Median Home Value | $514,631 |
| Average Home Value | $554,092 |
Housing Distribution
Address Breakdown
Residential
13,395
Single Family
13,174
Multi-Family
221
Businesses
296
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
Townhouse
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21144, Severn, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,830 (100%) |
| Owner Occupied HU | 10,261 (74.2%) |
| Renter Occupied HU | 3,024 (21.9%) |
| Vacant Housing Units | 545 ( 3.9%) |
| Median Home Value | $514,631 |
| Average Home Value | $554,092 |
Housing Distribution
Address Breakdown
Residential
13,395
Single Family
13,174
Multi-Family
221
Businesses
296
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices