8280 Stone Crop Dr UNIT MEllicott CityMD21042
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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 Ellicott City at 8280 Stone Crop Dr UNIT M, Ellicott City, MD, 21042 generates $3,052/mo in rent and, after a $1,713/mo payment, leaves $875/mo in cash flow. Total monthly income is $3,052/mo, and annual cash flow is $10,503/yr on $116,025 invested. Return on cash invested sits at 28.96% in year one, and rental yield is 10.46% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 151.45% and total cumulative return in cash sums $175,718. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,052/mo property income rather than buyer’s personal income.
Condo
Built in 2009
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21042, Ellicott City, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,992 (100%) |
| Owner Occupied HU | 13,227 (82.7%) |
| Renter Occupied HU | 2,268 (14.2%) |
| Vacant Housing Units | 497 ( 3.1%) |
| Median Home Value | $766,672 |
| Average Home Value | $819,079 |
Housing Distribution
Address Breakdown
Residential
15,523
Single Family
14,161
Multi-Family
1,362
Businesses
933
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Listed by: Bob Lucido • Keller Williams Lucido Agency
Mls Name: Bright MLS
Mls ID: #MDHW2062594