1507 Tower RdAberdeenMD21001
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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
Rental property for sale in Aberdeen at 1507 Tower Rd, Aberdeen, MD, 21001 generates $2,215/mo in rent, after a $1,811/mo payment. Total monthly income is $2,215/mo. Return on cash invested sits at 19.07% in year one, and rental yield is 7.18% on a $370,000 entry. Equity gained on principal adds $2,388/yr, while 5% annual appreciation builds toward $102,224 over five years. Five-year ROI reaches 98.37% and total cumulative return in cash sums $120,653. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,215/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21001, Aberdeen, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,886 (100%) |
| Owner Occupied HU | 7,482 (58.1%) |
| Renter Occupied HU | 4,468 (34.7%) |
| Vacant Housing Units | 936 ( 7.3%) |
| Median Home Value | $348,584 |
| Average Home Value | $420,044 |
Housing Distribution
Address Breakdown
Residential
11,341
Single Family
9,363
Multi-Family
1,978
Businesses
697
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