2804 7th StSparrows PointMD21219
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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 Sparrows Point at 2804 7th St, Sparrows Point, MD, 21219 offers a 7.55% rental yield on a $575,000 purchase with $3,617/mo rent. Total monthly income registers $3,617/mo, and a $2,814/mo payment leaves $41/mo available for distribution. Annual cash flow reaches $494/yr on $189,175 to close, and return on cash invested stands at 20.32% in year one. Equity gained on principal adds $3,710/yr while 5% annual appreciation supports $158,862 over five years. Portfolio math shows five-year ROI at 105.08% and total cumulative return in cash at $198,791. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,617/mo property income against a $2,814/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21219, Sparrows Point, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,146 (100%) |
| Owner Occupied HU | 3,126 (75.4%) |
| Renter Occupied HU | 689 (16.6%) |
| Vacant Housing Units | 331 ( 8.0%) |
| Median Home Value | $418,475 |
| Average Home Value | $517,067 |
Housing Distribution
Address Breakdown
Residential
4,012
Single Family
3,888
Multi-Family
124
Businesses
201
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Listed by: Luke Reeder • RE/MAX Advantage Realty
Mls Name: Bright MLS
Mls ID: #MDBC2141414