8495 Falls Run Rd UNIT BEllicott 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 8495 Falls Run Rd UNIT B, Ellicott City, MD, 21043 uses $99,417 cash to close to unlock $12,872/yr annual cash flow and $1,073/mo monthly cash flow. Total monthly income runs $2,938/mo, and a $1,468/mo payment keeps the spread at $1,073/mo. Purchase price stands at $299,900, and rental yield measures 11.76% with $2,938/mo rent. Return on cash invested shows 32.86% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 172.31% and total cumulative return in cash records $171,304. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,938/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Condo
Built in 1992
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: Lynn Gurley • Cummings & Co. Realtors
Mls Name: Bright MLS
Mls ID: #MDHW2062830