1602 Farnborn StCroftonMD21114
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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 Crofton at 1602 Farnborn St, Crofton, MD, 21114 listed at $689,900 pairs $3,709/mo rent with a $3,377/mo payment. Total monthly income runs $3,709/mo. Return on cash invested measures 16.98% in year one, and rental yield registers 6.45% at a $689,900 basis. Equity gained on principal adds $4,452/yr, and annual property appreciation at 5% supports $190,607 by year five. Five-year ROI tracks 87.15% and total cumulative return in cash totals $197,809. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,709/mo property income relative to a $3,377/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1967
10,450 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21114, Crofton, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,530 (100%) |
| Owner Occupied HU | 7,326 (76.9%) |
| Renter Occupied HU | 2,024 (21.2%) |
| Vacant Housing Units | 180 ( 1.9%) |
| Median Home Value | $569,937 |
| Average Home Value | $569,535 |
Housing Distribution
Address Breakdown
Residential
9,933
Single Family
8,923
Multi-Family
1,010
Businesses
846
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