Cobalt Move-In Ready Plan, Jacobsville 55+ Elevator CondosPasadenaMD21222
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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
Rental property for sale in Pasadena at Cobalt Move-In Ready Plan, Jacobsville 55+ Elevator Condos, Pasadena, MD, 21222 generates $1,523/mo in rent, after a $1,760/mo payment. Total monthly income is $1,523/mo. Return on cash invested sits at 12.73% in year one, and rental yield is 5.08% on a $359,610 entry. Equity gained on principal adds $2,321/yr, while 5% annual appreciation builds toward $99,354 over five years. Five-year ROI reaches 64.38% and total cumulative return in cash sums $76,747. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,523/mo property income rather than buyer’s personal income.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21222, Dundalk, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,196 (100%) |
| Owner Occupied HU | 14,258 (58.9%) |
| Renter Occupied HU | 8,161 (33.7%) |
| Vacant Housing Units | 1,777 ( 7.3%) |
| Median Home Value | $268,319 |
| Average Home Value | $356,690 |
Housing Distribution
Address Breakdown
Residential
23,108
Single Family
21,244
Multi-Family
1,864
Businesses
1,070
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