303 Purple PlEdgewoodMD21040
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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 Edgewood at 303 Purple Pl, Edgewood, MD, 21040 priced at $389,990 pairs $2,188/mo rent with after a $1,909/mo payment. Total monthly income equals $2,188/mo. Return on cash invested is 17.7% in year one, and rental yield stands at 6.73% on a $389,990 basis. Equity gained on principal adds $2,517/yr, and 5% annual appreciation accumulates to $107,747 by year five. Five-year ROI measures 91.08% and total cumulative return in cash reaches $117,749. For financing, Ziffy Mortgage’s DSCR program evaluates $2,188/mo property income against a $1,909/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2025
2,000 sqft 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
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