1016 Downton RdHalethorpeMD21227
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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
Investment property for sale in Halethorpe at 1016 Downton Rd, Halethorpe, MD, 21227 listed at $307,500 pairs $2,668/mo rent with a $1,505/mo payment to leave $756/mo cash flow. Total monthly income runs $2,668/mo, and annual cash flow reaches $9,067/yr on $101,936 cash to close. Return on cash invested measures 28.8% in year one, and rental yield registers 10.41% at a $307,500 basis. Equity gained on principal adds $1,984/yr, and annual property appreciation at 5% supports $84,957 by year five. Five-year ROI tracks 150.59% and total cumulative return in cash totals $153,507. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,668/mo property income relative to a $1,505/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1954
2,016 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21227, Halethorpe, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,782 (100%) |
| Owner Occupied HU | 8,244 (59.8%) |
| Renter Occupied HU | 4,715 (34.2%) |
| Vacant Housing Units | 823 ( 6.0%) |
| Median Home Value | $328,317 |
| Average Home Value | $368,618 |
Housing Distribution
Address Breakdown
Residential
13,155
Single Family
12,405
Multi-Family
750
Businesses
1,273
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Listed by: Patrick Hawkins • The KW Collective
Mls Name: Bright MLS
Mls ID: #MDBC2141534