Investing in Harford County
Harford County covers 2 rental markets we actively finance in Maryland — Bel Air, Havre de Grace. Across those markets the median investment basis averages $370,000, a long-term lease averages $1,863/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $2,697. That produces a county-wide average DSCR ratio near 0.69x.
Basis varies more inside Harford County than the average suggests. Havre de Grace is the lowest entry point at roughly $340,000, while Bel Air currently models the strongest coverage ratio in the county at 0.75x. When two towns in the same county ratio differently, it is almost always the rent-to-price relationship rather than the rate — the same loan pricing applies county-wide, so the deal is won on which submarket you buy in.