205 E Joppa Rd APT 1209TowsonMD21286
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 205 E Joppa Rd APT 1209, Towson, MD, 21286 in Towson speaks for itself: 11.13% gross on a $262,500 price, generating $2,434/mo in rent and $801/mo in net income after the $1,180/mo debt service. DSCR 2.06, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $9,612 stacks alongside $72,524 in projected five-year appreciation and $2,418/yr in principal reduction. Projected total cumulative return: $151,202.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 6.0% |
| Monthly Cash Flow | $801 | $850 |
City averages based on Towson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,434 |
| Total Monthly Debt Service | $1,528 |
| DSCR Ratio | 1.59x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21286, Towson, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,178 (100%) |
| Owner Occupied HU | 6,057 (54.2%) |
| Renter Occupied HU | 3,997 (35.8%) |
| Vacant Housing Units | 1,124 (10.1%) |
| Median Home Value | $466,123 |
| Average Home Value | $494,134 |
Housing Distribution
Address Breakdown
Residential
10,606
Single Family
7,160
Multi-Family
3,446
Businesses
935
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21286, Towson, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,178 (100%) |
| Owner Occupied HU | 6,057 (54.2%) |
| Renter Occupied HU | 3,997 (35.8%) |
| Vacant Housing Units | 1,124 (10.1%) |
| Median Home Value | $466,123 |
| Average Home Value | $494,134 |
Housing Distribution
Address Breakdown
Residential
10,606
Single Family
7,160
Multi-Family
3,446
Businesses
935
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices