10 Greenwood PlIndian HeadMD20640
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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 Indian Head at 10 Greenwood Pl, Indian Head, MD, 20640 priced at $135,000 pairs $1,027/mo rent with $187/mo cash flow after a $661/mo payment. Total monthly income equals $1,027/mo, and annual cash flow comes to $2,245/yr on $44,753 invested. Return on cash invested is 24.93% in year one, and rental yield stands at 9.13% on a $135,000 basis. Equity gained on principal adds $871/yr, and 5% annual appreciation accumulates to $37,298 by year five. Five-year ROI measures 129.92% and total cumulative return in cash reaches $58,141. For financing, Ziffy Mortgage’s DSCR program evaluates $1,027/mo property income against a $661/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1943
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20640, Indian Head, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,307 (100%) |
| Owner Occupied HU | 3,155 (73.3%) |
| Renter Occupied HU | 788 (18.3%) |
| Vacant Housing Units | 364 ( 8.5%) |
| Median Home Value | $386,296 |
| Average Home Value | $384,574 |
Housing Distribution
Address Breakdown
Residential
3,983
Single Family
3,958
Multi-Family
25
Businesses
145
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Listed by: Laura Forbes • CENTURY 21 New Millennium
Mls Name: Bright MLS
Mls ID: #MDCH2044884