6510 N Point Rd, Edgemere, MD, 21219 | $886/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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6510 N Point Rd, Edgemere, MD, 21219 | $886/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 Edgemere at 6510 N Point Rd, Edgemere, MD, 21219 generates $2,596/mo in rent and, after a $1,346/mo payment, leaves $886/mo in cash flow. Total monthly income is $2,596/mo, and annual cash flow is $10,628/yr on $91,163 invested. Return on cash invested sits at 31.57% in year one, and rental yield is 11.33% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 165.41% and total cumulative return in cash sums $150,791. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,596/mo property income rather than buyer’s personal income.

Single Family

Built in 1894

0.43 Acres lot

$N/A/sqft

No HOA

More details about the property

List price is Opening Bid at the Online auction to be conducted on Auctioneers website. Auction Begins Saturday November 1 Auction ends Thursday November 6 @ 1:00 pm Welcome to 6510 N. Point Rd. This 2 Story charmer is configured as a duplex. With premier frontage on the Greenhill Cove waterfront, coming complete with a boat lift, 2 piers, and a detached 14'x42' building with single car garage- give the property the updating it needs and the potential here is ENDLESS! Whether you're a buyer looking for a summer residence, an income producing rental property, or simply a saavy investor looking to add value to your portfolio, THIS IS IT! Property is occupied but will be delivered vacant at time of settlement.

Neighborhood Data

Neighborhood data shown for ZIP Code: 21219, Sparrows Point, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,146 (100%)
Owner Occupied HU	3,126 (75.4%)
Renter Occupied HU	689 (16.6%)
Vacant Housing Units	331 ( 8.0%)
Median Home Value	$418,475
Average Home Value	$517,067