32 Patapsco AveDundalkMD21222
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 32 Patapsco Ave, Dundalk, MD, 21222 in Dundalk speaks for itself: 13.06% gross on a $385,900 price, generating $4,200/mo in rent and $1,800/mo in net income after the $1,735/mo debt service. DSCR 2.42, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $21,599 stacks alongside $106,617 in projected five-year appreciation and $3,554/yr in principal reduction. Projected total cumulative return: $262,235.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.1% | 6.5% |
| Monthly Cash Flow | $1,800 | $350 |
City averages based on Dundalk market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,200 |
| Total Monthly Debt Service | $2,247 |
| DSCR Ratio | 1.87x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1929
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21222, Dundalk, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,196 (100%) |
| Owner Occupied HU | 14,258 (58.9%) |
| Renter Occupied HU | 8,161 (33.7%) |
| Vacant Housing Units | 1,777 ( 7.3%) |
| Median Home Value | $268,319 |
| Average Home Value | $356,690 |
Housing Distribution
Address Breakdown
Residential
23,108
Single Family
21,244
Multi-Family
1,864
Businesses
1,070
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 1929
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21222, Dundalk, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,196 (100%) |
| Owner Occupied HU | 14,258 (58.9%) |
| Renter Occupied HU | 8,161 (33.7%) |
| Vacant Housing Units | 1,777 ( 7.3%) |
| Median Home Value | $268,319 |
| Average Home Value | $356,690 |
Housing Distribution
Address Breakdown
Residential
23,108
Single Family
21,244
Multi-Family
1,864
Businesses
1,070
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices