105 Madison StLa PlataMD20646
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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 La Plata at 105 Madison St, La Plata, MD, 20646 priced at $275,000 converts $1,709/mo rent into after a $1,346/mo obligation. Total monthly income equals $1,709/mo. Return on cash invested prints 17.78% in year one, and rental yield reads 7.46% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 92.27% and total cumulative return in cash sums $84,119. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,709/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Townhouse
Built in 1999
3,484 sqft lot
$N/A/sqft
$160 monthly 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
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Listed by: Pam Rollins-Butler • CENTURY 21 New Millennium
Mls Name: Bright MLS
Mls Provider:
Mls ID: #MDCH2042144
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