8245 Lethbridge RdMillersvilleMD21108
INVESTMENT ANALYSIS
Investment Verdict
Solid Income8245 Lethbridge Rd, Millersville, MD, 21108 in Millersville is a solid income-producing rental, 8.9% gross yield, $4,190/mo rent, $676/mo net cash flow on a $565,000 buy. DSCR 1.56 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $156,099 and $4,736/yr in principal reduction project a total cumulative return of $247,241.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.0% |
| Monthly Cash Flow | $676 | $400 |
City averages based on Millersville market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $4,190 |
| Total Monthly Debt Service | $3,427 |
| DSCR Ratio | 1.22x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1971
8,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21108, Millersville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,115 (100%) |
| Owner Occupied HU | 5,811 (81.7%) |
| Renter Occupied HU | 1,102 (15.5%) |
| Vacant Housing Units | 202 ( 2.8%) |
| Median Home Value | $612,881 |
| Average Home Value | $630,284 |
Housing Distribution
Address Breakdown
Residential
7,091
Single Family
6,803
Multi-Family
288
Businesses
718
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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
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Bright MLS
Mls Provider:
Mls ID: #MDAA2157276
