1863 Brookside 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 1863 Brookside Dr, Edgewood, MD, 21040 uses $65,637 cash to close to unlock $3,692/yr annual cash flow and $308/mo monthly cash flow. Total monthly income runs $1,539/mo, and a $969/mo payment keeps the spread at $308/mo. Purchase price stands at $198,000, and rental yield measures 9.33% with $1,539/mo rent. Return on cash invested shows 25.53% in year one, and 5% annual appreciation builds toward $54,704 over five years. Five-year ROI reaches 133.07% and total cumulative return in cash records $87,340. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,539/mo property income covering a $969/mo payment rather than investor’s personal income.
Townhouse
Built in 1973
1,311 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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