8430 Stevenson RdPikesvilleMD21208
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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 Pikesville at 8430 Stevenson Rd, Pikesville, MD, 21208 offers a 2.28% rental yield on a $1,182,000 purchase with $2,242/mo rent. 36% in year one. Equity gained on principal adds $7,627/yr while 5% annual appreciation supports $326,565 over five years. Portfolio math shows five-year ROI at 19.41% and total cumulative return in cash at $74,316. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,242/mo property income against a $5,785/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21208, Pikesville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,586 (100%) |
| Owner Occupied HU | 9,913 (63.6%) |
| Renter Occupied HU | 4,583 (29.4%) |
| Vacant Housing Units | 1,090 ( 7.0%) |
| Median Home Value | $386,745 |
| Average Home Value | $493,443 |
Housing Distribution
Address Breakdown
Residential
15,324
Single Family
10,265
Multi-Family
5,059
Businesses
1,118
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Listed by: Stephen Ferrandi • Maryland Land Real Estate Advisors
Mls Name: Bright MLS
Mls ID: #MDBC2134058