2003 Magnolia Woods Ct UNIT E, Joppa, MD, 21040 | $191/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

2003 Magnolia Woods Ct UNIT E, Joppa, MD, 21040 | $191/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1256 sft

2526 McCulloh St, Baltimore, MD, 21217

1 Bed
1 Bath
623 sft

1 E Chase St UNIT 313, Baltimore, MD, 21202

2 Bed
2 Bath
1270 sft

3341 Cliftmont Ave, Baltimore, MD, 21213

3 Bed
1 Bath
1100 sft

1541 N Pulaski St, Baltimore, MD, 21217

Nearby investment properties with comparable prices

4 Bed
2 Bath
896 sft

3215 Elmora Ave, Baltimore, MD, 21213

Currently Rented+ 2 more

2 Bed
1 Bath
756 sft

2747 Bookert Dr, Baltimore, MD, 21225

3 Bed
2 Bath
1556 sft

617 N Linwood Ave, Baltimore, MD, 21205

3 Bed
1 Bath
- sft

2925 E Monument St, Baltimore, MD, 21205

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Joppa at 2003 Magnolia Woods Ct UNIT E, Joppa, MD, 21040 listed at $115,000 pairs $906/mo rent with a $563/mo payment to leave $191/mo cash flow. Total monthly income runs $906/mo, and annual cash flow reaches $2,287/yr on $38,123 cash to close. Return on cash invested measures 25.91% in year one, and rental yield registers 9.45% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 135.13% and total cumulative return in cash totals $51,513. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $906/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1989

N/A lot

$N/A/sqft

No HOA

More details about the property

Spacious 2 Bedoom 2 Bath Condo with new flooring, new bathroom vanities, multiple ceiling fans, walk-in closet and fresh paint throughout. This property is conveniently located off Route 40. Easy drive to 95 for those that have commutes to the city or north to Bel Air.

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