13301 Cormorant PlBowieMD20720
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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
Rental property for sale in Bowie at 13301 Cormorant Pl, Bowie, MD, 20720 generates $5,786/mo in rent and, after a $4,158/mo payment, leaves $502/mo in cash flow. Total monthly income is $5,786/mo, and annual cash flow is $6,029/yr on $279,486 invested. Return on cash invested sits at 22.22% in year one, and rental yield is 8.17% on a $849,500 entry. Equity gained on principal adds $5,482/yr, while 5% annual appreciation builds toward $234,701 over five years. Five-year ROI reaches 115.23% and total cumulative return in cash sums $322,065. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,786/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20720, Bowie, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,354 (100%) |
| Owner Occupied HU | 7,465 (89.4%) |
| Renter Occupied HU | 657 ( 7.9%) |
| Vacant Housing Units | 232 ( 2.8%) |
| Median Home Value | $590,662 |
| Average Home Value | $604,575 |
Housing Distribution
Address Breakdown
Residential
8,527
Single Family
8,332
Multi-Family
195
Businesses
192
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