8308 Patience LnMillersvilleMD21108
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
Investment Highlights
Investment property for sale in Millersville at 8308 Patience Ln, Millersville, MD, 21108 offers a 4.84% rental yield on a $929,800 purchase with $3,750/mo rent. 09% in year one. Equity gained on principal adds $6,000/yr while 5% annual appreciation supports $256,887 over five years. Portfolio math shows five-year ROI at 60.9% and total cumulative return in cash at $186,308. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,750/mo property income against a $4,551/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
6,500 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Muren • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #MDAA2134162