10022 Wedge WayMontgomery VillageMD20886
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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 Montgomery Village at 10022 Wedge Way, Montgomery Village, MD, 20886 generates $2,747/mo in rent and, after a $2,006/mo payment, leaves $198/mo in cash flow. Total monthly income is $2,747/mo, and annual cash flow is $2,375/yr on $135,882 invested. Return on cash invested sits at 21.66% in year one, and rental yield is 8.04% on a $409,900 entry. Equity gained on principal adds $2,645/yr, while 5% annual appreciation builds toward $113,248 over five years. Five-year ROI reaches 112.25% and total cumulative return in cash sums $152,524. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,747/mo property income rather than buyer’s personal income.
Townhouse
Built in 1973
1,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20886, Montgomery Village, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,638 (100%) |
| Owner Occupied HU | 8,423 (66.6%) |
| Renter Occupied HU | 3,772 (29.8%) |
| Vacant Housing Units | 443 ( 3.5%) |
| Median Home Value | $408,841 |
| Average Home Value | $465,457 |
Housing Distribution
Address Breakdown
Residential
12,603
Single Family
9,660
Multi-Family
2,943
Businesses
377
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Listed by: Francis DeSouza • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #MDMC2201688