11303 Appledowre Way #119GermantownMD20876
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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 Germantown at 11303 Appledowre Way #119, Germantown, MD, 20876 uses $99,119 cash to close to unlock $9,706/yr annual cash flow and $809/mo monthly cash flow. Total monthly income runs $2,668/mo, and a $1,463/mo payment keeps the spread at $809/mo. Purchase price stands at $299,000, and rental yield measures 10.71% with $2,668/mo rent. Return on cash invested shows 29.7% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 155.39% and total cumulative return in cash records $154,018. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,668/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20876, Germantown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,415 (100%) |
| Owner Occupied HU | 5,573 (66.2%) |
| Renter Occupied HU | 2,600 (30.9%) |
| Vacant Housing Units | 242 ( 2.9%) |
| Median Home Value | $572,077 |
| Average Home Value | $615,938 |
Housing Distribution
Address Breakdown
Residential
8,804
Single Family
7,208
Multi-Family
1,596
Businesses
354
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Listed by: Ryan Lancaster • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #MDMC2205070