10201 Le Fevre DrCheltenhamMD20623
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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
Investment property for sale in Cheltenham at 10201 Le Fevre Dr, Cheltenham, MD, 20623 uses $66,300 cash to close to unlock $1,932/yr annual cash flow and $161/mo monthly cash flow. Total monthly income runs $1,405/mo, and a $979/mo payment keeps the spread at $161/mo. Purchase price stands at $200,000, and rental yield measures 8.43% with $1,405/mo rent. Return on cash invested shows 22.82% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 118.49% and total cumulative return in cash records $78,560. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,405/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1980
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20623, Cheltenham, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 878 (100%) |
| Owner Occupied HU | 815 (92.8%) |
| Renter Occupied HU | 36 ( 4.1%) |
| Vacant Housing Units | 27 ( 3.1%) |
| Median Home Value | $585,036 |
| Average Home Value | $612,092 |
Housing Distribution
Address Breakdown
Residential
966
Single Family
966
Multi-Family
0
Businesses
200
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Listed by: Daniel Billig • A.J. Billig & Company
Mls Name: Bright MLS
Mls ID: #MDPG2186894