1 Smeton Pl APT 402, Towson, MD, 21204 | $636/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1 Smeton Pl APT 402, Towson, MD, 21204 | $636/mo Cash Flow | Ziffy

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

Investment property for sale in Towson at 1 Smeton Pl APT 402, Towson, MD, 21204 uses $83,505 cash to close to unlock $7,635/yr annual cash flow and $636/mo monthly cash flow. Total monthly income runs $2,203/mo, and a $1,233/mo payment keeps the spread at $636/mo. Purchase price stands at $251,900, and rental yield measures 10.49% with $2,203/mo rent. Return on cash invested shows 29.05% in year one, and 5% annual appreciation builds toward $69,595 over five years. Five-year ROI reaches 151.96% and total cumulative return in cash records $126,894. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,203/mo property income covering a $1,233/mo payment rather than investor’s personal income.

Condo

Built in 1975

N/A lot

$N/A/sqft

No HOA

More details about the property

FINALLY- the one you've been waiting for! Discover the perfect blend of privacy and convenience in a secured, gated community. This is the largest corner 2 BR 2BA unit available, boasting 1,408 SQFT of luxurious living space. The unit features perfect, sunlit South-facing windows, offering beautiful, private views from every room. Enjoy truly maintenance-free living, as the condo fee conveniently covers ALL utilities, including AC, heat, electricity, and waterleaving you nothing to do but relax! The unit itself has been fully updated, featuring a modern, newly renovated kitchen, two fully renovated bathrooms, and new in-unit laundry machines. Superb location, offering easy access to major roadways including Dulaney Valley, York, I-695, and I-83, providing quick routes to all points N, S, E, W. You are also within walking distance of prime shopping and dining. The lush community offers walking paths, mature trees, a summer pool, and sports courts. Hurry, this unique property will not last long!

Neighborhood Data

Neighborhood data shown for ZIP Code: 21204, Towson, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,170 (100%)
Owner Occupied HU	3,931 (42.9%)
Renter Occupied HU	4,294 (46.8%)
Vacant Housing Units	945 (10.3%)
Median Home Value	$589,209
Average Home Value	$662,230