8820 Papillon DrEllicott 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
Rental property for sale in Ellicott City at 8820 Papillon Dr, Ellicott City, MD, 21043 generates $3,575/mo in rent, after a $2,932/mo payment. Total monthly income is $3,575/mo. Return on cash invested sits at 19.14% in year one, and rental yield is 7.16% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 98.75% and total cumulative return in cash sums $194,614. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,575/mo property income rather than buyer’s personal income.
Townhouse
Built in 1998
1,717 sqft 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: Monaj Kumar Rathi • Samson Properties
Mls Name: Bright MLS
Mls ID: #MDHW2056158