7902 Chesire LnPasadenaMD21122
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
Investment Highlights
Rental property for sale in Pasadena at 7902 Chesire Ln, Pasadena, MD, 21122 priced at $200,000 converts $3,389/mo rent into $1,830/mo cash flow after a $979/mo obligation. Total monthly income equals $3,389/mo, and annual cash flow totals $21,960/yr on $66,300 invested. Return on cash invested prints 53.03% in year one, and rental yield reads 20.33% against a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 282.55% and total cumulative return in cash sums $187,328. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,389/mo property income covering a $979/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21122, Pasadena, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,123 (100%) |
| Owner Occupied HU | 19,548 (81.0%) |
| Renter Occupied HU | 3,588 (14.9%) |
| Vacant Housing Units | 987 ( 4.1%) |
| Median Home Value | $478,120 |
| Average Home Value | $570,120 |
Housing Distribution
Address Breakdown
Residential
23,864
Single Family
22,920
Multi-Family
944
Businesses
864
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices