24 Edmondson Ridge RdCatonsvilleMD21228
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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 Catonsville at 24 Edmondson Ridge Rd, Catonsville, MD, 21228 with 5% annual appreciation on a $440,000 basis while $3,263/mo rent supports operations. Total monthly income totals $3,263/mo and a $2,154/mo payment preserves $526/mo for cash returns. Annual cash flow comes to $6,312/yr on $145,860 deployed, and return on cash invested reaches 24.24% in year one. Equity gained on principal adds $2,839/yr, and five-year appreciation sums $121,564 alongside rental yield of 8.9%. Five-year ROI measures 126.07% and total cumulative return in cash totals $183,886.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,263/mo property income versus a $2,154/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1924
4,789 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21228, Catonsville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,477 (100%) |
| Owner Occupied HU | 13,999 (68.4%) |
| Renter Occupied HU | 5,559 (27.1%) |
| Vacant Housing Units | 919 ( 4.5%) |
| Median Home Value | $429,715 |
| Average Home Value | $478,068 |
Housing Distribution
Address Breakdown
Residential
19,769
Single Family
15,449
Multi-Family
4,320
Businesses
1,398
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Listed by: Ernesto Grandez • Deausen Realty
Mls Name: Bright MLS
Mls ID: #MDBC2150994