2020 Hanson RdEdgewoodMD21040
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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 2020 Hanson Rd, Edgewood, MD, 21040 earns $913/mo cash flow from $2,778/mo rent with a $1,468/mo payment. Total monthly income totals $2,778/mo, and annual cash flow totals $10,950/yr on $99,450 capital. ROI tracks 30.92% on current figures, and rental yield reads 11.11% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 161.94% and total cumulative return in cash sums $161,052. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,778/mo property income instead of your personal income.
Single Family
Built in 1961
0.29 Acres 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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