12407 Hickory Tree Way #524GermantownMD20874
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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 12407 Hickory Tree Way #524, Germantown, MD, 20874 uses $96,135 cash to close to unlock $8,097/yr annual cash flow and $675/mo monthly cash flow. Total monthly income runs $2,478/mo, and a $1,419/mo payment keeps the spread at $675/mo. Purchase price stands at $290,000, and rental yield measures 10.25% with $2,478/mo rent. Return on cash invested shows 28.33% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 148.05% and total cumulative return in cash records $142,324. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,478/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20874, Germantown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,362 (100%) |
| Owner Occupied HU | 14,669 (60.2%) |
| Renter Occupied HU | 8,767 (36.0%) |
| Vacant Housing Units | 926 ( 3.8%) |
| Median Home Value | $481,522 |
| Average Home Value | $561,766 |
Housing Distribution
Address Breakdown
Residential
24,451
Single Family
17,681
Multi-Family
6,770
Businesses
632
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Listed by: Rose Creasey • Turning Point Real Estate
Mls Name: Bright MLS
Mls ID: #MDMC2207186