1022 Carrington AveCapitol HeightsMD20743
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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 Capitol Heights at 1022 Carrington Ave, Capitol Heights, MD, 20743 earns $829/mo cash flow from $3,037/mo rent with a $1,738/mo payment. Total monthly income totals $3,037/mo, and annual cash flow totals $9,943/yr on $117,683 capital. ROI tracks 28.36% on current figures, and rental yield reads 10.27% at a $355,000 purchase. Equity gained on principal adds $2,291/yr, and 5% annual appreciation supports $98,080 over five years. Five-year ROI reaches 148.19% and total cumulative return in cash sums $174,396. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,037/mo property income instead of your personal income.
Single Family
Built in 1962
4,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20743, Capitol Heights, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,846 (100%) |
| Owner Occupied HU | 10,155 (60.3%) |
| Renter Occupied HU | 5,681 (33.7%) |
| Vacant Housing Units | 1,010 ( 6.0%) |
| Median Home Value | $363,975 |
| Average Home Value | $386,914 |
Housing Distribution
Address Breakdown
Residential
15,931
Single Family
12,527
Multi-Family
3,404
Businesses
1,161
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Listed by: Donte Wade • CENTURY 21 New Millennium
Mls Name: Bright MLS
Mls ID: #MDPG2188314