Covington Plan, Winchester Springs, Bel Air, MD, 21015 | 4.92% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Bel Air at Covington Plan, Winchester Springs, Bel Air, MD, 21015 priced at $818,849 converts $3,360/mo rent into after a $4,008/mo obligation. Total monthly income equals $3,360/mo. Return on cash invested prints 12.34% in year one, and rental yield reads 4.92% against a $818,849 entry. Equity gained on principal adds $5,284/yr, while 5% annual appreciation compiles into $226,233 by year five. Five-year ROI reaches 62.28% and total cumulative return in cash sums $167,781. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,360/mo property income covering a $4,008/mo payment, not borrower’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 21015, Bel Air, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,883 (100%)
Owner Occupied HU	9,833 (82.7%)
Renter Occupied HU	1,560 (13.1%)
Vacant Housing Units	490 ( 4.1%)
Median Home Value	$508,572
Average Home Value	$561,437