8605 Lucerne RdRandallstownMD21133
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 8605 Lucerne Rd, Randallstown, MD, 21133 in Randallstown speaks for itself: 10.86% gross on a $325,000 price, generating $2,941/mo in rent and $920/mo in net income after the $1,461/mo debt service. DSCR 2.01, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $11,038 stacks alongside $89,792 in projected five-year appreciation and $2,993/yr in principal reduction. Projected total cumulative return: $182,514.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 6.0% |
| Monthly Cash Flow | $920 | $350 |
City averages based on Randallstown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,941 |
| Total Monthly Debt Service | $1,892 |
| DSCR Ratio | 1.55x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1965
9,646 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1965
9,646 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Bright MLS
Mls ID: #MDBC2154890