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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Towson at 613 W Chesapeake Ave, Towson, MD, 21204 offers $4,313/mo rent that, after a $4,649/mo payment. Total monthly income is $4,313/mo. Return on cash invested measures 13.94% in year one, and rental yield stands at 5.45% at a $949,900 entry. Equity gained on principal adds $6,130/yr while 5% annual appreciation compounds into $262,440 by year five. Five-year ROI records 70.83% and total cumulative return in cash reaches $221,346. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,313/mo property income versus a $4,649/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 21204, Towson, MD area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,170 (100%) |
| Owner Occupied HU | 3,931 (42.9%) |
| Renter Occupied HU | 4,294 (46.8%) |
| Vacant Housing Units | 945 (10.3%) |
| Median Home Value | $589,209 |
| Average Home Value | $662,230 |
Residential
9,661
Single Family
4,805
Multi-Family
4,856
Businesses
1,530
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Carrie Cronin • Cummings & Co. Realtors
Mls Name: Bright MLS
Mls ID: #MDBC2143208
