702 Cedar Crest Ct, Edgewood, MD, 21040 | $1,059/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

702 Cedar Crest Ct, Edgewood, MD, 21040 | $1,059/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
2 Bath
1798 sft

9109 Carlisle Ave, Baltimore, MD, 21236

3 Bed
2 Bath
1847 sft

536 Brook Rd, Baltimore, MD, 21286

3 Bed
3 Bath
1416 sft

3113 Dillon St, Baltimore, MD, 21224

2 Bed
3 Bath
1768 sft

447 E Gittings St, Baltimore, MD, 21230

Nearby investment properties with comparable prices

3 Bed
2 Bath
1512 sft

8604 Lawrence Hill Rd, Perry Hall, MD, 21128

4 Bed
4 Bath
2102 sft

9441 Joppa Pond Rd, Baltimore, MD, 21234

3 Bed
3 Bath
1910 sft

2821 Hemlock Ave, Baltimore, MD, 21214

3 Bed
2 Bath
1294 sft

11113 Bird River Grove Rd, White Marsh, MD, 21162

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Edgewood at 702 Cedar Crest Ct, Edgewood, MD, 21040 priced at $350,000 converts $3,236/mo rent into $1,059/mo cash flow after a $1,713/mo obligation. Total monthly income equals $3,236/mo, and annual cash flow totals $12,711/yr on $116,025 invested. Return on cash invested prints 30.86% in year one, and rental yield reads 11.09% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 161.65% and total cumulative return in cash sums $187,550. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,236/mo property income covering a $1,713/mo payment, not borrower’s personal income.

Single Family

Built in 1988

8,319 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to the largest model in the neighborhood, ideally situated on a quiet cul-de-sac in a peaceful, well-established community. This spacious 4-bedroom, 2.5-bath home offers a wonderful blend of comfort, updates, and functionality. Step onto the large front porch and into a bright, open layout featuring luxury vinyl plank (LVP) flooring throughout, a beautifully upgraded kitchen, and a partially finished basement with a separate utility room for added storage and convenience. The primary suite boasts a walk-in closet and ample space to unwind. Major updates include a roof (2016), HVAC system (2 years old), hot water heater (5 years old), and a brand-new washer and dryermaking this home truly move-in-ready. Enjoy outdoor living on the expansive back deck, ideal for relaxing or entertaining. Additional perks include a generous driveway, attached garage, and access to community amenitiesjust a short walk to the pool, tennis courts, playground, and community center. Conveniently located near shopping, dining, and major commuter routes, this home offers exceptional value in a charming and connected neighborhood. Dont miss your chance to make 702 Cedar Crest Ct your new home! Full photos to be published on Thursday 6/26/2025.

Neighborhood Data

Neighborhood data shown for ZIP Code: 21040, Edgewood, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,787 (100%)
Owner Occupied HU	5,936 (60.7%)
Renter Occupied HU	3,226 (33.0%)
Vacant Housing Units	625 ( 6.4%)
Median Home Value	$267,793
Average Home Value	$304,569