365 Hickory Nut CtPasadenaMD21122
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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
Rental property for sale in Pasadena at 365 Hickory Nut Ct, Pasadena, MD, 21122 priced at $363,120 converts $2,962/mo rent into $704/mo cash flow after a $1,777/mo obligation. Total monthly income equals $2,962/mo, and annual cash flow totals $8,446/yr on $120,374 invested. Return on cash invested prints 26.93% in year one, and rental yield reads 9.79% against a $363,120 entry. Equity gained on principal adds $2,343/yr, while 5% annual appreciation compiles into $100,323 by year five. Five-year ROI reaches 140.51% and total cumulative return in cash sums $169,133. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,962/mo property income covering a $1,777/mo payment, not borrower’s personal income.
Townhouse
Built in 1990
2,000 sqft 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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