101 Millet PlLa PlataMD20646
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 101 Millet Pl, La Plata, MD, 20646 in La Plata. Rental yield 5.23%. At $439,000 with 5.23% gross yield, current distributions are modest, but the 5% appreciation rate projects $121,288 in new equity by year five, complemented by $4,043/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.97) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $114,012.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.2% | 7.0% |
| Monthly Cash Flow | $(883) | $250 |
City averages based on La Plata market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,914 |
| Total Monthly Debt Service | $2,556 |
| DSCR Ratio | 0.75x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2012
3,213 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20646, La Plata, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,606 (100%) |
| Owner Occupied HU | 6,894 (80.1%) |
| Renter Occupied HU | 1,353 (15.7%) |
| Vacant Housing Units | 359 ( 4.2%) |
| Median Home Value | $485,791 |
| Average Home Value | $513,060 |
Housing Distribution
Address Breakdown
Residential
8,242
Single Family
7,917
Multi-Family
325
Businesses
809
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 2012
3,213 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20646, La Plata, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,606 (100%) |
| Owner Occupied HU | 6,894 (80.1%) |
| Renter Occupied HU | 1,353 (15.7%) |
| Vacant Housing Units | 359 ( 4.2%) |
| Median Home Value | $485,791 |
| Average Home Value | $513,060 |
Housing Distribution
Address Breakdown
Residential
8,242
Single Family
7,917
Multi-Family
325
Businesses
809
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices