504 Harbour Oak DrEdgewoodMD21040
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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 Edgewood at 504 Harbour Oak Dr, Edgewood, MD, 21040 with 5% annual appreciation on a $211,533 basis while $2,557/mo rent supports operations. Total monthly income totals $2,557/mo and a $1,035/mo payment preserves $1,240/mo for cash returns. Annual cash flow comes to $14,877/yr on $70,123 deployed, and return on cash invested reaches 41.12% in year one. Equity gained on principal adds $1,365/yr, and five-year appreciation sums $58,443 alongside rental yield of 14.51%. Five-year ROI measures 216.65% and total cumulative return in cash totals $151,925.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,557/mo property income versus a $1,035/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1979
7,520 sqft lot
$N/A/sqft
$2 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21040, Edgewood, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,787 (100%) |
| Owner Occupied HU | 5,936 (60.7%) |
| Renter Occupied HU | 3,226 (33.0%) |
| Vacant Housing Units | 625 ( 6.4%) |
| Median Home Value | $267,793 |
| Average Home Value | $304,569 |
Housing Distribution
Address Breakdown
Residential
9,212
Single Family
9,029
Multi-Family
183
Businesses
457
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