406 Fowler Ct, Joppa, MD, 21085 | $917/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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406 Fowler Ct, Joppa, MD, 21085 | $917/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 Joppa at 406 Fowler Ct, Joppa, MD, 21085 earns $917/mo cash flow from $2,939/mo rent with a $1,591/mo payment. Total monthly income totals $2,939/mo, and annual cash flow totals $11,008/yr on $107,738 capital. ROI tracks 30.13% on current figures, and rental yield reads 10.85% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 157.71% and total cumulative return in cash sums $169,909. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,939/mo property income instead of your personal income.

Single Family

Built in 1967

10,810 sqft lot

$N/A/sqft

No HOA

More details about the property

Take a look at 406 Fowler Ct! This rancher offers a flexible layout and great indoor-outdoor flow in the heart of Joppatowne. The living room opens with sliders to a spacious Trex deck overlooking the treesperfect for relaxing or entertaining. The kitchen features an eat-in sitting area and its own set of sliders to the deck, keeping everything bright and open. Four bedrooms are located on the main level, including a primary suite with a full bath featuring a walk-in shower and a roomy clothes closet. The hall bath serves the additional bedrooms, including a cozy skylight room ideal for a guest space or office. A spiral staircase leads to a fifth bedroom on the lower level with its own private entrancegreat for guests or extended family. The lower-level family room, accessed from the living room, includes two sets of sliders leading to the tree-filled backyard and a utility closet with washer and dryer. Enjoy all this with a low annual HOA fee of just $100. Better Hurry! Mortgage savings may be available for buyers of this listing

Neighborhood Data

Neighborhood data shown for ZIP Code: 21085, Joppa, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,293 (100%)
Owner Occupied HU	5,716 (78.4%)
Renter Occupied HU	1,258 (17.2%)
Vacant Housing Units	319 ( 4.4%)
Median Home Value	$379,594
Average Home Value	$447,700