59 Transverse AveMiddle RiverMD21220
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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
Rental property for sale in Middle River at 59 Transverse Ave, Middle River, MD, 21220 offers $2,605/mo rent that, after a $1,322/mo payment, leaves $925/mo cash flow. Total monthly income is $2,605/mo, and annual cash flow is $11,103/yr on $89,505 cash. Return on cash invested measures 32.31% in year one, and rental yield stands at 11.58% at a $270,000 entry. Equity gained on principal adds $1,742/yr while 5% annual appreciation compounds into $74,596 by year five. Five-year ROI records 169.44% and total cumulative return in cash reaches $151,657. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,605/mo property income versus a $1,322/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1942
4,949 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21220, Middle River, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,638 (100%) |
| Owner Occupied HU | 11,529 (61.9%) |
| Renter Occupied HU | 5,869 (31.5%) |
| Vacant Housing Units | 1,240 ( 6.7%) |
| Median Home Value | $340,792 |
| Average Home Value | $401,193 |
Housing Distribution
Address Breakdown
Residential
18,191
Single Family
15,961
Multi-Family
2,230
Businesses
865
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Listed by: Vince Carchedi • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #MDBC2127014