521 Anchor DrJoppaMD21085
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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 Joppa at 521 Anchor Dr, Joppa, MD, 21085 uses $122,622 cash to close to unlock $2,723/yr annual cash flow and $227/mo monthly cash flow. Total monthly income runs $2,527/mo, and a $1,810/mo payment keeps the spread at $227/mo. Purchase price stands at $369,900, and rental yield measures 8.2% with $2,527/mo rent. Return on cash invested shows 22.13% in year one, and 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 114.78% and total cumulative return in cash records $140,746. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,527/mo property income covering a $1,810/mo payment rather than investor’s personal income.
Single Family
Built in 1975
10,850 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 |
Housing Distribution
Address Breakdown
Residential
7,103
Single Family
6,721
Multi-Family
382
Businesses
324
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