








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Hanover at Ballad Quick Move-In Plan, Parkside Reserve, Hanover, MD, 21076 priced at $529,990 converts $4,044/mo rent into $748/mo cash flow after a $2,594/mo obligation. Total monthly income equals $4,044/mo, and annual cash flow totals $8,973/yr on $174,367 invested. Return on cash invested prints 25.21% in year one, and rental yield reads 9.16% against a $529,990 entry. Equity gained on principal adds $3,420/yr, while 5% annual appreciation compiles into $146,426 by year five. Five-year ROI reaches 131.26% and total cumulative return in cash sums $228,879. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,044/mo property income covering a $2,594/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 21076, Hanover, MD area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,788 (100%) |
| Owner Occupied HU | 6,672 (61.8%) |
| Renter Occupied HU | 3,466 (32.1%) |
| Vacant Housing Units | 650 ( 6.0%) |
| Median Home Value | $519,950 |
| Average Home Value | $540,082 |
Residential
10,958
Single Family
8,300
Multi-Family
2,658
Businesses
1,127
Date | Event | Price |
|---|---|---|
| 2025-06-26 | Price change | $529,990 |
| 2025-03-11 | Price change | $509,990 |
| 2025-02-21 | Price change | $513,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • Ryan Homes
Mls Name: Ryan Homes
Mls Provider:
Mls ID: #N/A