513 Eckhart Dr, Joppa, MD, 21085 | $626/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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513 Eckhart Dr, Joppa, MD, 21085 | $626/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

Rental property for sale in Joppa at 513 Eckhart Dr, Joppa, MD, 21085 offers $2,772/mo rent that, after a $1,689/mo payment, leaves $626/mo cash flow. Total monthly income is $2,772/mo, and annual cash flow is $7,511/yr on $114,367 cash. Return on cash invested measures 26.48% in year one, and rental yield stands at 9.64% at a $344,998 entry. Equity gained on principal adds $2,226/yr while 5% annual appreciation compounds into $95,317 by year five. Five-year ROI records 138.08% and total cumulative return in cash reaches $157,923. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,772/mo property income versus a $1,689/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

More details about the property

Welcome to this stunning single-family home thats been completely transformed from top to bottom and a true 4 bedroom home with all the rooms being extra large! Step inside and fall in love with the brand-new kitchen, featuring modern cabinetry, stainless steel appliances, stylish countertops, and designer lighting perfect for cooking, entertaining, and everyday living. This home also offers fully updated bathrooms with high-end finishes, beautiful tile work, and contemporary fixtures. The new HVAC system ensures year-round comfort and efficiency, giving you peace of mind for years to come. Every detail has been thoughtfully updated from the fresh paint and flooring to the bright, open layout that fills the home with natural light. Nestled in a quiet, established neighborhood, this property offers both comfort and tranquility while still being close to everything you need. This home is the perfect blend of modern updates and neighborhood charm come see it for yourself before its gone!

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