3500 Thomas Pointe Ct UNIT 1C, Abingdon, MD, 21009 | $227/mo Cash Flow

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3500 Thomas Pointe Ct UNIT 1C, Abingdon, MD, 21009 | $227/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Abingdon at 3500 Thomas Pointe Ct UNIT 1C, Abingdon, MD, 21009 listed at $235,000 pairs $1,688/mo rent with a $1,150/mo payment to leave $227/mo cash flow. Total monthly income runs $1,688/mo, and annual cash flow reaches $2,719/yr on $77,903 cash to close. Return on cash invested measures 23.4% in year one, and rental yield registers 8.62% at a $235,000 basis. Equity gained on principal adds $1,516/yr, and annual property appreciation at 5% supports $64,926 by year five. Five-year ROI tracks 121.62% and total cumulative return in cash totals $94,744. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,688/mo property income relative to a $1,150/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1990

N/A lot

$N/A/sqft

No HOA

More details about the property

Completely renovated 3/2 bath walk-out level condo available! Gleaming luxury vinyl plank flooring throughout the hallway, family room, dining room and kitchen. An abundance of closet space throughout!! Nice sized bedroom as soon as you enter the unit with thick and plush carpet!! Generous sized family room with a large sliding glass door leading to a patio overlooking an enormous green space!! Cozy dining room just off the kitchen perfect for family meals. Extra large kitchen with a cozy breafast area, stainless steel appliances, and custom wood cabinets. Primary bedroom with a closet running the entire width of the room, designer carpet, an an en-suite bathroom with tiled floors, extra large vanity, and a glassed-in shower stall with tiled walls. Another spare bedroom in the unit with access to a hallway bathroom with tiled floors, modern vanity, and tub/shower with tiled walls!! NEW HVAC AND WATER HEATER IN 2023!! NEW LIGHT FIXTURES INSTALLED THROUGHOUT!! I-95 AND MAJOR COMMUTER ROUTES ALL CLOSE BY!!

Neighborhood Data

Neighborhood data shown for ZIP Code: 21009, Abingdon, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,887 (100%)
Owner Occupied HU	9,709 (75.3%)
Renter Occupied HU	2,775 (21.5%)
Vacant Housing Units	403 ( 3.1%)
Median Home Value	$366,209
Average Home Value	$410,408