1301 Karen Blvd APT 403Upper MarlboroMD20743
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
Rental property for sale in Upper Marlboro at 1301 Karen Blvd APT 403, Upper Marlboro, MD, 20743 generates $1,803/mo in rent and, after a $1,273/mo payment, leaves $186/mo in cash flow. Total monthly income is $1,803/mo, and annual cash flow is $2,226/yr on $86,190 invested. Return on cash invested sits at 22.49% in year one, and rental yield is 8.32% on a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 116.75% and total cumulative return in cash sums $100,625. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,803/mo property income rather than buyer’s personal income.
Condo
Built in 2007
1,980 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20743, Capitol Heights, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,846 (100%) |
| Owner Occupied HU | 10,155 (60.3%) |
| Renter Occupied HU | 5,681 (33.7%) |
| Vacant Housing Units | 1,010 ( 6.0%) |
| Median Home Value | $363,975 |
| Average Home Value | $386,914 |
Housing Distribution
Address Breakdown
Residential
15,931
Single Family
12,527
Multi-Family
3,404
Businesses
1,161
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sharon L. Brown • Results Realty
Mls Name: Bright MLS
Mls ID: #MDPG2162036