1600 Philadelphia RdJoppaMD21085
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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 1600 Philadelphia Rd, Joppa, MD, 21085 listed at $244,000 pairs $1,629/mo rent with a $1,194/mo payment to leave $112/mo cash flow. Total monthly income runs $1,629/mo, and annual cash flow reaches $1,340/yr on $80,886 cash to close. Return on cash invested measures 21.57% in year one, and rental yield registers 8.01% at a $244,000 basis. Equity gained on principal adds $1,574/yr, and annual property appreciation at 5% supports $67,413 by year five. Five-year ROI tracks 111.77% and total cumulative return in cash totals $90,406. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,629/mo property income relative to a $1,194/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
0.51 Acres 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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