11778 Old Skipton RdCordovaMD21625
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 11778 Old Skipton Rd, Cordova, MD, 21625 in Cordova: $2,728/mo in rent, $271/mo in net income, 8.29% gross yield, 1.54 DSCR, all at $395,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $109,131 in appreciation and $3,638/yr in principal paydown projects total cumulative return of $167,304.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.0% |
| Monthly Cash Flow | $271 | $350 |
City averages based on Cordova market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,728 |
| Total Monthly Debt Service | $2,300 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1951
1.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21625, Cordova, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,015 (100%) |
| Owner Occupied HU | 762 (75.1%) |
| Renter Occupied HU | 149 (14.7%) |
| Vacant Housing Units | 104 (10.2%) |
| Median Home Value | $441,176 |
| Average Home Value | $532,493 |
Housing Distribution
Address Breakdown
Residential
884
Single Family
884
Multi-Family
0
Businesses
33
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1951
1.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21625, Cordova, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,015 (100%) |
| Owner Occupied HU | 762 (75.1%) |
| Renter Occupied HU | 149 (14.7%) |
| Vacant Housing Units | 104 (10.2%) |
| Median Home Value | $441,176 |
| Average Home Value | $532,493 |
Housing Distribution
Address Breakdown
Residential
884
Single Family
884
Multi-Family
0
Businesses
33
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices