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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Joppa at 809 Parsnip Ct, Joppa, MD, 21085 at $495,990 posts ROI 17.5% with from $2,880/mo rent. Total monthly income equals $2,880/mo. Return on cash invested measures 17.5% and rental yield reads 6.97% at the current $495,990. Equity gained on principal adds $3,201/yr, and 5% annual appreciation supports $137,033 by year five. Five-year ROI prints 90.29% and total cumulative return in cash totals $148,449. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,880/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
7,756 sqft lot
$N/A/sqft
$125 monthly HOA
Neighborhood data shown for ZIP Code: 21085, Joppa, MD area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,293 (100%) |
| Owner Occupied HU | 5,716 (78.4%) |
| Renter Occupied HU | 1,258 (17.2%) |
| Vacant Housing Units | 319 ( 4.4%) |
| Median Home Value | $379,594 |
| Average Home Value | $447,700 |
Residential
7,103
Single Family
6,721
Multi-Family
382
Businesses
324
Date | Event | Price |
|---|---|---|
| 2025-02-15 | Price change | $495,990 |
| 2025-02-01 | Price change | $522,490 |
| 2025-01-31 | Listed for sale | $499,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Attic
Listed by: Kathy Cassidy • DRH Realty Capital, LLC.
Mls Name: Bright MLS
Mls Provider:
Mls ID: #MDHR2039486
Disclaimer: The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 Bright MLS, Inc. [Click here for more information](/info/mls-disclaimers/#mls_5632)
