8535 Veterans Hwy Unit 111MillersvilleMD21108
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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 8535 Veterans Hwy Unit 111, Millersville, MD, 21108 listed at $350,000 pairs $3,127/mo rent with a $1,713/mo payment to leave $950/mo cash flow. Total monthly income runs $3,127/mo, and annual cash flow reaches $11,403/yr on $116,025 cash to close. Return on cash invested measures 29.74% in year one, and rental yield registers 10.72% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 155.61% and total cumulative return in cash totals $180,542. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,127/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2008
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: Maryann Pettie • Douglas Realty, LLC
Mls Name: Bright MLS
Mls ID: #MDAA2136098