13108 Joy RdLusbyMD20657
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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 Lusby at 13108 Joy Rd, Lusby, MD, 20657 uses $106,047 cash to close to unlock $1,190/yr annual cash flow and $99/mo monthly cash flow. Total monthly income runs $2,089/mo, and a $1,566/mo payment keeps the spread at $99/mo. Purchase price stands at $319,900, and rental yield measures 7.84% with $2,089/mo rent. Return on cash invested shows 21.03% in year one, and 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 108.93% and total cumulative return in cash records $115,520. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,089/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 1979
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20657, Lusby, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,087 (100%) |
| Owner Occupied HU | 6,053 (74.8%) |
| Renter Occupied HU | 1,232 (15.2%) |
| Vacant Housing Units | 802 ( 9.9%) |
| Median Home Value | $367,668 |
| Average Home Value | $430,451 |
Housing Distribution
Address Breakdown
Residential
7,243
Single Family
7,100
Multi-Family
143
Businesses
202
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