1915 Codd Ave, Dundalk, MD, 21222 | $184/mo Cash Flow

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1915 Codd Ave, Dundalk, MD, 21222 | $184/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Dundalk at 1915 Codd Ave, Dundalk, MD, 21222 offers a 8.39% rental yield on a $239,000 purchase with $1,671/mo rent. Total monthly income registers $1,671/mo, and a $1,170/mo payment leaves $184/mo available for distribution. Annual cash flow reaches $2,212/yr on $79,229 to close, and return on cash invested stands at 22.7% in year one. Equity gained on principal adds $1,542/yr while 5% annual appreciation supports $66,031 over five years. Portfolio math shows five-year ROI at 117.9% and total cumulative return in cash at $93,408. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,671/mo property income against a $1,170/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 1953

1,600 sqft lot

$N/A/sqft

No HOA

More details about the property

Move in Ready townhome with brand new deck (with permits) and rear parking pad. Freshly painted, new LVP flooring throughout, Updated windows, Updated kitchen with backsplash and lighting. Roof was replaced in 2019. Enjoy an open living space on the main level. Upstairs offers 3 bedrooms and 1 full bath plus linen closet in the hallway and attic space for extra storage. The walk out basement offers an opportunity for another bedroom and has a full bathroom. Washer and Dryer convey. Lead free certificate available in Bright documents.

Neighborhood Data

Neighborhood data shown for ZIP Code: 21222, Dundalk, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	24,196 (100%)
Owner Occupied HU	14,258 (58.9%)
Renter Occupied HU	8,161 (33.7%)
Vacant Housing Units	1,777 ( 7.3%)
Median Home Value	$268,319
Average Home Value	$356,690