950 Winchester DrWestminsterMD21157
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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 Westminster at 950 Winchester Dr, Westminster, MD, 21157 generates $3,944/mo in rent and, after a $3,059/mo payment, leaves $57/mo in cash flow. Total monthly income is $3,944/mo, and annual cash flow is $684/yr on $205,592 invested. Return on cash invested sits at 20.39% in year one, and rental yield is 7.57% on a $624,900 entry. Equity gained on principal adds $4,032/yr, while 5% annual appreciation builds toward $172,648 over five years. Five-year ROI reaches 105.44% and total cumulative return in cash sums $216,773. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,944/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21157, Westminster, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,358 (100%) |
| Owner Occupied HU | 11,007 (71.7%) |
| Renter Occupied HU | 3,696 (24.1%) |
| Vacant Housing Units | 655 ( 4.3%) |
| Median Home Value | $438,695 |
| Average Home Value | $477,453 |
Housing Distribution
Address Breakdown
Residential
14,992
Single Family
14,137
Multi-Family
855
Businesses
1,432
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Listed by: David Carpenter • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #MDCR2030084