1402-M Joppa Forest Dr #12JoppaMD21085
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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 Joppa at 1402-M Joppa Forest Dr #12, Joppa, MD, 21085 earns $97/mo cash flow from $1,730/mo rent with a $1,285/mo payment. Total monthly income totals $1,730/mo, and annual cash flow totals $1,165/yr on $87,052 capital. ROI tracks 21.25% on current figures, and rental yield reads 7.91% at a $262,600 purchase. Equity gained on principal adds $1,695/yr, and 5% annual appreciation supports $72,552 over five years. Five-year ROI reaches 110.11% and total cumulative return in cash sums $95,850. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,730/mo property income instead of your personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21085, Joppa, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,293 (100%) |
| Owner Occupied HU | 5,716 (78.4%) |
| Renter Occupied HU | 1,258 (17.2%) |
| Vacant Housing Units | 319 ( 4.4%) |
| Median Home Value | $379,594 |
| Average Home Value | $447,700 |
Housing Distribution
Address Breakdown
Residential
7,103
Single Family
6,721
Multi-Family
382
Businesses
324
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