3501B Davenport Ct #BPasadenaMD21122
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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 Pasadena at 3501B Davenport Ct #B, Pasadena, MD, 21122 with 5% annual appreciation on a $225,000 basis while $1,564/mo rent supports operations. Total monthly income totals $1,564/mo and a $1,101/mo payment preserves $165/mo for cash returns. Annual cash flow comes to $1,978/yr on $74,588 deployed, and return on cash invested reaches 22.56% in year one. Equity gained on principal adds $1,452/yr, and five-year appreciation sums $62,163 alongside rental yield of 8.34%. Five-year ROI measures 117.1% and total cumulative return in cash totals $87,345.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,564/mo property income versus a $1,101/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21122, Pasadena, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,123 (100%) |
| Owner Occupied HU | 19,548 (81.0%) |
| Renter Occupied HU | 3,588 (14.9%) |
| Vacant Housing Units | 987 ( 4.1%) |
| Median Home Value | $478,120 |
| Average Home Value | $570,120 |
Housing Distribution
Address Breakdown
Residential
23,864
Single Family
22,920
Multi-Family
944
Businesses
864
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