1424 E Joppa RdTowsonMD21286
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
Investment Highlights
Investment property for sale in Towson at 1424 E Joppa Rd, Towson, MD, 21286 uses $127,628 cash to close to unlock $1,510/yr annual cash flow and $126/mo monthly cash flow. Total monthly income runs $2,520/mo, and a $1,884/mo payment keeps the spread at $126/mo. Purchase price stands at $385,000, and rental yield measures 7.85% with $2,520/mo rent. Return on cash invested shows 21.09% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 109.22% and total cumulative return in cash records $139,390. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,520/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Single Family
Built in 1950
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21286, Towson, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,178 (100%) |
| Owner Occupied HU | 6,057 (54.2%) |
| Renter Occupied HU | 3,997 (35.8%) |
| Vacant Housing Units | 1,124 (10.1%) |
| Median Home Value | $466,123 |
| Average Home Value | $494,134 |
Housing Distribution
Address Breakdown
Residential
10,606
Single Family
7,160
Multi-Family
3,446
Businesses
935
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices