620 Baldwin 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 620 Baldwin Dr, Joppa, MD, 21085 offers a 8.19% rental yield on a $475,000 purchase with $3,242/mo rent. Total monthly income registers $3,242/mo, and a $2,325/mo payment leaves $288/mo available for distribution. Annual cash flow reaches $3,451/yr on $157,463 to close, and return on cash invested stands at 22.1% in year one. Equity gained on principal adds $3,065/yr while 5% annual appreciation supports $131,234 over five years. Portfolio math shows five-year ROI at 114.63% and total cumulative return in cash at $180,499. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,242/mo property income against a $2,325/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
7,405 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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