1215 Garret AveChurchtonMD20733
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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 Churchton at 1215 Garret Ave, Churchton, MD, 20733 offers a 8.41% rental yield on a $409,000 purchase with $2,866/mo rent. Total monthly income registers $2,866/mo, and a $2,002/mo payment leaves $322/mo available for distribution. Annual cash flow reaches $3,865/yr on $135,584 to close, and return on cash invested stands at 22.76% in year one. Equity gained on principal adds $2,639/yr while 5% annual appreciation supports $112,999 over five years. Portfolio math shows five-year ROI at 118.2% and total cumulative return in cash at $160,257. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,866/mo property income against a $2,002/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
7,057 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20733, Churchton, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,313 (100%) |
| Owner Occupied HU | 1,089 (82.9%) |
| Renter Occupied HU | 128 ( 9.7%) |
| Vacant Housing Units | 96 ( 7.3%) |
| Median Home Value | $461,429 |
| Average Home Value | $542,029 |
Housing Distribution
Address Breakdown
Residential
1,097
Single Family
1,097
Multi-Family
0
Businesses
54
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