31020 Skipton Cordova RdCordovaMD21625
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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 Cordova at 31020 Skipton Cordova Rd, Cordova, MD, 21625 uses $92,820 cash to close to unlock $11,160/yr annual cash flow and $930/mo monthly cash flow. Total monthly income runs $2,671/mo, and a $1,370/mo payment keeps the spread at $930/mo. Purchase price stands at $280,000, and rental yield measures 11.45% with $2,671/mo rent. Return on cash invested shows 31.93% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 167.33% and total cumulative return in cash records $155,313. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,671/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1971
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21625, Cordova, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,015 (100%) |
| Owner Occupied HU | 762 (75.1%) |
| Renter Occupied HU | 149 (14.7%) |
| Vacant Housing Units | 104 (10.2%) |
| Median Home Value | $441,176 |
| Average Home Value | $532,493 |
Housing Distribution
Address Breakdown
Residential
884
Single Family
884
Multi-Family
0
Businesses
33
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Listed by: Alicia G Dulin • Benson & Mangold, LLC
Mls Name: Bright MLS
Mls Provider:
Mls ID: #MDTA2011680
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