513 Eckhart Dr, Joppa, MD, 21085 | $521/mo Cash Flow

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

Rental property for sale in Joppa at 513 Eckhart Dr, Joppa, MD, 21085 offers $2,822/mo rent that, after a $1,811/mo payment, leaves $521/mo cash flow. Total monthly income is $2,822/mo, and annual cash flow is $6,249/yr on $122,652 cash. Return on cash invested measures 25% in year one, and rental yield stands at 9.15% at a $369,990 entry. Equity gained on principal adds $2,387/yr while 5% annual appreciation compounds into $102,221 by year five. Five-year ROI records 130.2% and total cumulative return in cash reaches $159,698. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,822/mo property income versus a $1,811/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1963

7,665 sqft lot

$N/A/sqft

No HOA

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