1037 Biltmore AveWest RiverMD20778
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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 West River at 1037 Biltmore Ave, West River, MD, 20778 offers a 9.86% rental yield on a $465,000 purchase with $3,821/mo rent. Total monthly income registers $3,821/mo, and a $2,276/mo payment leaves $929/mo available for distribution. Annual cash flow reaches $11,146/yr on $154,148 to close, and return on cash invested stands at 27.14% in year one. Equity gained on principal adds $3,001/yr while 5% annual appreciation supports $128,471 over five years. Portfolio math shows five-year ROI at 141.65% and total cumulative return in cash at $218,351. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,821/mo property income against a $2,276/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
7,614 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20778, West River, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 901 (100%) |
| Owner Occupied HU | 717 (79.6%) |
| Renter Occupied HU | 92 (10.2%) |
| Vacant Housing Units | 92 (10.2%) |
| Median Home Value | $789,676 |
| Average Home Value | $798,173 |
Housing Distribution
Address Breakdown
Residential
751
Single Family
751
Multi-Family
0
Businesses
28
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Listed by: Dawn Marie Miller • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #MDAA2132408