408 N Hammonds Ferry RdLinthicumMD21090
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 408 N Hammonds Ferry Rd, Linthicum, MD, 21090 in Linthicum hard to pass up. The 10.62% gross yield on a $474,900 purchase results in $4,202/mo in rent and $1,249/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.97). Annual cash flow of $14,985, five-year appreciation of $131,206, and $4,374/yr in equity build-up combine for a projected total cumulative return of $260,501.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 5.8% |
| Monthly Cash Flow | $1,249 | $400 |
City averages based on Linthicum market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,202 |
| Total Monthly Debt Service | $2,765 |
| DSCR Ratio | 1.52x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1950
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21090, Linthicum Heights, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,625 (100%) |
| Owner Occupied HU | 3,161 (68.3%) |
| Renter Occupied HU | 1,264 (27.3%) |
| Vacant Housing Units | 200 ( 4.3%) |
| Median Home Value | $423,891 |
| Average Home Value | $448,305 |
Housing Distribution
Address Breakdown
Residential
4,596
Single Family
4,211
Multi-Family
385
Businesses
719
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1950
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21090, Linthicum Heights, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,625 (100%) |
| Owner Occupied HU | 3,161 (68.3%) |
| Renter Occupied HU | 1,264 (27.3%) |
| Vacant Housing Units | 200 ( 4.3%) |
| Median Home Value | $423,891 |
| Average Home Value | $448,305 |
Housing Distribution
Address Breakdown
Residential
4,596
Single Family
4,211
Multi-Family
385
Businesses
719
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices