8088 Wolsey CtPasadenaMD21122
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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
Investment Highlights
Investment property for sale in Pasadena at 8088 Wolsey Ct, Pasadena, MD, 21122 uses $101,108 cash to close to unlock $8,363/yr annual cash flow and $697/mo monthly cash flow. Total monthly income runs $2,594/mo, and a $1,493/mo payment keeps the spread at $697/mo. Purchase price stands at $305,000, and rental yield measures 10.21% with $2,594/mo rent. Return on cash invested shows 28.18% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 147.24% and total cumulative return in cash records $148,870. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,594/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Townhouse
Built in 1986
1,513 sqft 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
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