902 Martell Ct APT GBel AirMD21014
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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 Bel Air at 902 Martell Ct APT G, Bel Air, MD, 21014 uses $81,847 cash to close to unlock $8,890/yr annual cash flow and $741/mo monthly cash flow. Total monthly income runs $2,276/mo, and a $1,208/mo payment keeps the spread at $741/mo. Purchase price stands at $246,900, and rental yield measures 11.06% with $2,276/mo rent. Return on cash invested shows 30.77% in year one, and 5% annual appreciation builds toward $68,214 over five years. Five-year ROI reaches 161.13% and total cumulative return in cash records $131,877. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,276/mo property income covering a $1,208/mo payment rather than investor’s personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21014, Bel Air, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,850 (100%) |
| Owner Occupied HU | 12,181 (76.9%) |
| Renter Occupied HU | 3,197 (20.2%) |
| Vacant Housing Units | 472 ( 3.0%) |
| Median Home Value | $457,293 |
| Average Home Value | $489,682 |
Housing Distribution
Address Breakdown
Residential
15,279
Single Family
11,936
Multi-Family
3,343
Businesses
1,492
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