301 Broadneck Crossing RdEdgewoodMD21040
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 301 Broadneck Crossing Rd, Edgewood, MD, 21040 in Edgewood. Rental yield 5.9%. At $438,900 with 5.9% gross yield, current distributions are modest, but the 5% appreciation rate projects $121,260 in new equity by year five, complemented by $4,042/yr in principal paydown. Ziffy Mortgage's DSCR loan (1.09) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $129,555.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 5.8% |
| Monthly Cash Flow | $(573) | $450 |
City averages based on Edgewood market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,156 |
| Total Monthly Debt Service | $2,555 |
| DSCR Ratio | 0.84x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1965
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21040, Edgewood, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,787 (100%) |
| Owner Occupied HU | 5,936 (60.7%) |
| Renter Occupied HU | 3,226 (33.0%) |
| Vacant Housing Units | 625 ( 6.4%) |
| Median Home Value | $267,793 |
| Average Home Value | $304,569 |
Housing Distribution
Address Breakdown
Residential
9,212
Single Family
9,029
Multi-Family
183
Businesses
457
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1965
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21040, Edgewood, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,787 (100%) |
| Owner Occupied HU | 5,936 (60.7%) |
| Renter Occupied HU | 3,226 (33.0%) |
| Vacant Housing Units | 625 ( 6.4%) |
| Median Home Value | $267,793 |
| Average Home Value | $304,569 |
Housing Distribution
Address Breakdown
Residential
9,212
Single Family
9,029
Multi-Family
183
Businesses
457
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices