3067 FreewayHalethorpeMD21227
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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 Halethorpe at 3067 Freeway, Halethorpe, MD, 21227 uses $62,985 cash to close to unlock $8,211/yr annual cash flow and $684/mo monthly cash flow. Total monthly income runs $1,866/mo, and a $930/mo payment keeps the spread at $684/mo. Purchase price stands at $190,000, and rental yield measures 11.79% with $1,866/mo rent. Return on cash invested shows 32.95% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 172.84% and total cumulative return in cash records $108,864. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,866/mo property income covering a $930/mo payment rather than investor’s personal income.
Townhouse
Built in 1955
1,696 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21227, Halethorpe, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,782 (100%) |
| Owner Occupied HU | 8,244 (59.8%) |
| Renter Occupied HU | 4,715 (34.2%) |
| Vacant Housing Units | 823 ( 6.0%) |
| Median Home Value | $328,317 |
| Average Home Value | $368,618 |
Housing Distribution
Address Breakdown
Residential
13,155
Single Family
12,405
Multi-Family
750
Businesses
1,273
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Listed by: Jamie Koehler • Cummings & Co. Realtors
Mls Name: Bright MLS
Mls ID: #MDBC2134174