1305D Cedar Crest Ct #1305-DEdgewoodMD21040
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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 Edgewood at 1305D Cedar Crest Ct #1305-D, Edgewood, MD, 21040 uses $44,752 cash to close to unlock $2,606/yr annual cash flow and $217/mo monthly cash flow. Total monthly income runs $1,057/mo, and a $661/mo payment keeps the spread at $217/mo. Purchase price stands at $134,999, and rental yield measures 9.4% with $1,057/mo rent. Return on cash invested shows 25.73% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 134.21% and total cumulative return in cash records $60,060. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,057/mo property income covering a $661/mo payment rather than investor’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21040, Edgewood, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,787 (100%) |
| Owner Occupied HU | 5,936 (60.7%) |
| Renter Occupied HU | 3,226 (33.0%) |
| Vacant Housing Units | 625 ( 6.4%) |
| Median Home Value | $267,793 |
| Average Home Value | $304,569 |
Housing Distribution
Address Breakdown
Residential
9,212
Single Family
9,029
Multi-Family
183
Businesses
457
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