7105 River Drive RdSparrows PointMD21219
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 7105 River Drive Rd, Sparrows Point, MD, 21219 in Sparrows Point deserves attention. This $349,900 property earns $2,948/mo in rent, a 10.11% gross yield, and nets $772/mo after the $1,573/mo payment. DSCR 1.87 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $96,671 compounds alongside $3,223/yr in yearly equity build, for a total cumulative return of $182,446.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 5.0% |
| Monthly Cash Flow | $772 | $450 |
City averages based on Sparrows Point market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,948 |
| Total Monthly Debt Service | $2,037 |
| DSCR Ratio | 1.45x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1968
7,500 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
4,012
Single Family
3,888
Multi-Family
124
Businesses
201
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1968
7,500 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
4,012
Single Family
3,888
Multi-Family
124
Businesses
201
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kerrie Hall • Real Broker, LLC - Annapolis
Mls Name: Bright MLS
Mls ID: #MDBC2131868