1521 Charlestown DrEdgewoodMD21040
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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 1521 Charlestown Dr, Edgewood, MD, 21040 at $230,000 posts ROI 22.76% with $181/mo cash flow from $1,612/mo rent. Total monthly income equals $1,612/mo, and annual cash flow records $2,175/yr on $76,245 to close. Return on cash invested measures 22.76% and rental yield reads 8.41% at the current $230,000. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 by year five. Five-year ROI prints 118.22% and total cumulative return in cash totals $90,139.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,612/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1972
2,277 sqft 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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