8332 Montgomery Run Rd UNIT FEllicott CityMD21043
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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
Investment property for sale in Ellicott City at 8332 Montgomery Run Rd UNIT F, Ellicott City, MD, 21043 uses $105,749 cash to close to unlock $9,604/yr annual cash flow and $800/mo monthly cash flow. Total monthly income runs $2,784/mo, and a $1,561/mo payment keeps the spread at $800/mo. Purchase price stands at $319,000, and rental yield measures 10.47% with $2,784/mo rent. Return on cash invested shows 28.99% in year one, and 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 151.61% and total cumulative return in cash records $160,321. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,784/mo property income covering a $1,561/mo payment rather than investor’s personal income.
Condo
Built in 1991
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21043, Ellicott City, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,755 (100%) |
| Owner Occupied HU | 12,468 (66.5%) |
| Renter Occupied HU | 5,611 (29.9%) |
| Vacant Housing Units | 676 ( 3.6%) |
| Median Home Value | $688,466 |
| Average Home Value | $720,480 |
Housing Distribution
Address Breakdown
Residential
18,864
Single Family
13,418
Multi-Family
5,446
Businesses
767
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Listed by: ISAAC JANG • Pacific Realty
Mls Name: Bright MLS
Mls ID: #MDHW2060084