7226 Waldman AveSparrows PointMD21219
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 7226 Waldman Ave, Sparrows Point, MD, 21219 in Sparrows Point at $937,000, 4.66% gross yield, is a market-growth asset. Rental yield 4.66%. The $3,638/mo rent partially funds the $4,213/mo debt service; the core return is the 5%/yr price growth projected to add $258,876 over five years. Ziffy Mortgage's DSCR mortgage (0.86) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $214,554.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.7% | 5.0% |
| Monthly Cash Flow | $(2,189) | $450 |
City averages based on Sparrows Point market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,638 |
| Total Monthly Debt Service | $5,455 |
| DSCR Ratio | 0.67x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2007
0.35 Acres 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 2007
0.35 Acres 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: Judy Deese • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #MDBC2128190