8682 Open Meadow Way SEColumbiaMD21045
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
Investment Highlights
Investment property for sale in Columbia at 8682 Open Meadow Way SE, Columbia, MD, 21045 offers a 9.39% rental yield on a $624,900 purchase with $4,891/mo rent. Total monthly income registers $4,891/mo, and a $3,059/mo payment leaves $1,004/mo available for distribution. Annual cash flow reaches $12,048/yr on $205,592 to close, and return on cash invested stands at 25.92% in year one. Equity gained on principal adds $4,032/yr while 5% annual appreciation supports $172,648 over five years. Portfolio math shows five-year ROI at 135.08% and total cumulative return in cash at $277,709. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,891/mo property income against a $3,059/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
8,842 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21045, Columbia, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,435 (100%) |
| Owner Occupied HU | 10,201 (66.1%) |
| Renter Occupied HU | 4,829 (31.3%) |
| Vacant Housing Units | 405 ( 2.6%) |
| Median Home Value | $491,719 |
| Average Home Value | $519,908 |
Housing Distribution
Address Breakdown
Residential
15,220
Single Family
12,375
Multi-Family
2,845
Businesses
1,739
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices