240 Riverview AveDundalkMD21222
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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 Dundalk at 240 Riverview Ave, Dundalk, MD, 21222 priced at $315,000 pairs $2,782/mo rent with $823/mo cash flow after a $1,542/mo payment. Total monthly income equals $2,782/mo, and annual cash flow comes to $9,871/yr on $104,423 invested. Return on cash invested is 29.36% in year one, and rental yield stands at 10.6% on a $315,000 basis. Equity gained on principal adds $2,033/yr, and 5% annual appreciation accumulates to $87,029 by year five. Five-year ROI measures 153.57% and total cumulative return in cash reaches $160,361. For financing, Ziffy Mortgage’s DSCR program evaluates $2,782/mo property income against a $1,542/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1929
3,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21222, Dundalk, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,196 (100%) |
| Owner Occupied HU | 14,258 (58.9%) |
| Renter Occupied HU | 8,161 (33.7%) |
| Vacant Housing Units | 1,777 ( 7.3%) |
| Median Home Value | $268,319 |
| Average Home Value | $356,690 |
Housing Distribution
Address Breakdown
Residential
23,108
Single Family
21,244
Multi-Family
1,864
Businesses
1,070
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