3508 Back Pointe Ct UNIT 3AAbingdonMD21009
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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 Abingdon at 3508 Back Pointe Ct UNIT 3A, Abingdon, MD, 21009 uses $77,206 cash to close to unlock $10,481/yr annual cash flow and $873/mo monthly cash flow. Total monthly income runs $2,322/mo, and a $1,140/mo payment keeps the spread at $873/mo. Purchase price stands at $232,900, and rental yield measures 11.96% with $2,322/mo rent. Return on cash invested shows 33.48% in year one, and 5% annual appreciation builds toward $64,346 over five years. Five-year ROI reaches 175.7% and total cumulative return in cash records $135,653. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,322/mo property income covering a $1,140/mo payment rather than investor’s personal income.
Condo
Built in 1990
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
12,480
Single Family
10,851
Multi-Family
1,629
Businesses
510
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