9106 Wise Avenue Ext, Sparrows Pt, MD, 21219 | $662/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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9106 Wise Avenue Ext, Sparrows Pt, MD, 21219 | $662/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Sparrows Pt at 9106 Wise Avenue Ext, Sparrows Pt, MD, 21219 earns $662/mo cash flow from $4,200/mo rent with a $2,784/mo payment. Total monthly income totals $4,200/mo, and annual cash flow totals $7,947/yr on $187,168 capital. ROI tracks 24.31% on current figures, and rental yield reads 8.86% at a $568,900 purchase. Equity gained on principal adds $3,671/yr, and 5% annual appreciation supports $157,177 over five years. Five-year ROI reaches 126.45% and total cumulative return in cash sums $236,668. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,200/mo property income instead of your personal income.

Single Family

Built in 1998

6,325 sqft lot

$N/A/sqft

No HOA

More details about the property

Nestled in the charming community of Sparrows Point, this stunning Colonial-style residence has undergone a remarkable renovation, set to be completed in 2025, just in time for the holidays. With a perfect blend of modern luxury and timeless elegance, this home invites you to experience a lifestyle of comfort and sophistication. As you approach the property, the striking brick front and vinyl siding create an inviting first impression. Step inside to discover a thoughtfully designed interior that boasts 2,152 square feet of finished living space. The heart of the home features a cozy gas fireplace, perfect for gathering with loved ones on chilly evenings. The fully finished basement offers additional space for entertainment or relaxation, complete with ample natural light from the windows. The upper floor laundry adds convenience to your daily routine, while the expansive deck and porch provide ideal spots for outdoor entertaining or quiet moments of reflection. Imagine sipping your morning coffee on the porch or hosting summer barbecues on the deck, all while enjoying the serene surroundings of your private backyard. The property includes a two-car attached garage, ensuring that your vehicles are secure and easily accessible. The community amenities are equally impressive, featuring a beautifully maintained in-ground pool that invites you to unwind and soak up the sun during warm months. With a lot size of 0.15 acres, this home offers a manageable outdoor space that allows for easy maintenance while still providing room for gardening or outdoor activities. The thoughtful renovations enhance the overall appeal, making this residence not just a house, but a true home. Experience the exclusive lifestyle that comes with living in Sparrows Point, where luxury meets comfort in every detail. This property is more than just a place to live; it's a sanctuary where cherished memories are made. Don't miss the opportunity to make this exquisite home your own and enjoy the perfect blend of modern living and classic charm. For even more piece of mind, seller has purchased a transferable home warranty!

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