233 Haverhill RdJoppaMD21085
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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
Rental property for sale in Joppa at 233 Haverhill Rd, Joppa, MD, 21085 generates $2,636/mo in rent and, after a $1,346/mo payment, leaves $926/mo in cash flow. Total monthly income is $2,636/mo, and annual cash flow is $11,108/yr on $91,163 invested. Return on cash invested sits at 32.09% in year one, and rental yield is 11.5% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 168.24% and total cumulative return in cash sums $153,371. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,636/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
5,828 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21085, Joppa, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,293 (100%) |
| Owner Occupied HU | 5,716 (78.4%) |
| Renter Occupied HU | 1,258 (17.2%) |
| Vacant Housing Units | 319 ( 4.4%) |
| Median Home Value | $379,594 |
| Average Home Value | $447,700 |
Housing Distribution
Address Breakdown
Residential
7,103
Single Family
6,721
Multi-Family
382
Businesses
324
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