1303 Port Echo LnBowieMD20716
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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 Bowie at 1303 Port Echo Ln, Bowie, MD, 20716 uses $149,142 cash to close to unlock $15,719/yr annual cash flow and $1,310/mo monthly cash flow. Total monthly income runs $4,108/mo, and a $2,202/mo payment keeps the spread at $1,310/mo. Purchase price stands at $449,900, and rental yield measures 10.96% with $4,108/mo rent. Return on cash invested shows 30.45% in year one, and 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 159.4% and total cumulative return in cash records $237,730. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,108/mo property income covering a $2,202/mo payment rather than investor’s personal income.
Single Family
Built in 1969
10,526 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20716, Bowie, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,953 (100%) |
| Owner Occupied HU | 6,593 (66.2%) |
| Renter Occupied HU | 2,882 (29.0%) |
| Vacant Housing Units | 478 ( 4.8%) |
| Median Home Value | $454,615 |
| Average Home Value | $488,465 |
Housing Distribution
Address Breakdown
Residential
9,484
Single Family
7,346
Multi-Family
2,138
Businesses
490
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