8513 Charlton RdRandallstownMD21133
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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 Randallstown at 8513 Charlton Rd, Randallstown, MD, 21133 uses $116,025 cash to close to unlock $12,567/yr annual cash flow and $1,047/mo monthly cash flow. Total monthly income runs $3,224/mo, and a $1,713/mo payment keeps the spread at $1,047/mo. Purchase price stands at $350,000, and rental yield measures 11.05% with $3,224/mo rent. Return on cash invested shows 30.74% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 161% and total cumulative return in cash records $186,806. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,224/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1958
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21133, Randallstown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,018 (100%) |
| Owner Occupied HU | 7,874 (65.5%) |
| Renter Occupied HU | 3,646 (30.3%) |
| Vacant Housing Units | 498 ( 4.1%) |
| Median Home Value | $352,159 |
| Average Home Value | $409,109 |
Housing Distribution
Address Breakdown
Residential
11,750
Single Family
8,754
Multi-Family
2,996
Businesses
606
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Listed by: Kelly Williams • RE/MAX Realty Centre, Inc.
Mls Name: Bright MLS
Mls ID: #MDBC2141690