205 E Joppa Rd APT 1902TowsonMD21286
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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 Towson at 205 E Joppa Rd APT 1902, Towson, MD, 21286 earns $288/mo cash flow from $1,531/mo rent with a $978/mo payment. Total monthly income totals $1,531/mo, and annual cash flow totals $3,458/yr on $66,267 capital. ROI tracks 25.13% on current figures, and rental yield reads 9.19% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 130.93% and total cumulative return in cash sums $86,761. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,531/mo property income instead of your personal income.
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
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