216 Hickory Point RdPasadenaMD21122
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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 Pasadena at 216 Hickory Point Rd, Pasadena, MD, 21122 earns $416/mo cash flow from $3,509/mo rent with a $2,434/mo payment. Total monthly income totals $3,509/mo, and annual cash flow totals $4,993/yr on $164,855 capital. ROI tracks 22.94% on current figures, and rental yield reads 8.47% at a $497,300 purchase. Equity gained on principal adds $3,209/yr, and 5% annual appreciation supports $137,395 over five years. Five-year ROI reaches 119.14% and total cumulative return in cash sums $196,416. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,509/mo property income instead of your personal income.
Single Family
Built in 1968
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21122, Pasadena, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,123 (100%) |
| Owner Occupied HU | 19,548 (81.0%) |
| Renter Occupied HU | 3,588 (14.9%) |
| Vacant Housing Units | 987 ( 4.1%) |
| Median Home Value | $478,120 |
| Average Home Value | $570,120 |
Housing Distribution
Address Breakdown
Residential
23,864
Single Family
22,920
Multi-Family
944
Businesses
864
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