8375 Norwood Dr #8375MillersvilleMD21108
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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 Millersville at 8375 Norwood Dr #8375, Millersville, MD, 21108 listed at $242,000 pairs $1,678/mo rent with a $1,184/mo payment to leave $173/mo cash flow. Total monthly income runs $1,678/mo, and annual cash flow reaches $2,080/yr on $80,223 cash to close. Return on cash invested measures 22.5% in year one, and rental yield registers 8.32% at a $242,000 basis. Equity gained on principal adds $1,562/yr, and annual property appreciation at 5% supports $66,860 by year five. Five-year ROI tracks 116.83% and total cumulative return in cash totals $93,726. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,678/mo property income relative to a $1,184/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1972
N/A 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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Listed by: GREETA JOHNSON • RLAH @properties
Mls Name: Bright MLS
Mls ID: #MDAA2132710