106 Booth St APT 34GaithersburgMD20878
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
Investment Highlights
Investment property for sale in Gaithersburg at 106 Booth St APT 34, Gaithersburg, MD, 20878 listed at $449,900 pairs $3,077/mo rent with a $2,202/mo payment to leave $279/mo cash flow. Total monthly income runs $3,077/mo, and annual cash flow reaches $3,347/yr on $149,142 cash to close. Return on cash invested measures 22.15% in year one, and rental yield registers 8.21% at a $449,900 basis. Equity gained on principal adds $2,903/yr, and annual property appreciation at 5% supports $124,299 by year five. Five-year ROI tracks 114.91% and total cumulative return in cash totals $171,382. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,077/mo property income relative to a $2,202/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20878, Gaithersburg, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,989 (100%) |
| Owner Occupied HU | 16,942 (65.2%) |
| Renter Occupied HU | 7,976 (30.7%) |
| Vacant Housing Units | 1,071 ( 4.1%) |
| Median Home Value | $773,183 |
| Average Home Value | $802,412 |
Housing Distribution
Address Breakdown
Residential
25,808
Single Family
18,639
Multi-Family
7,169
Businesses
1,096
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Meredith Fogle • The List Realty
Mls Name: Bright MLS
Mls ID: #MDMC2214138