1501 Pine Grove RdCapitol HeightsMD20743
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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 Capitol Heights at 1501 Pine Grove Rd, Capitol Heights, MD, 20743 priced at $649,804 converts $3,493/mo rent into after a $3,180/mo obligation. Total monthly income equals $3,493/mo. Return on cash invested prints 16.98% in year one, and rental yield reads 6.45% against a $649,804 entry. Equity gained on principal adds $4,193/yr, while 5% annual appreciation compiles into $179,529 by year five. Five-year ROI reaches 87.18% and total cumulative return in cash sums $186,384. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,493/mo property income covering a $3,180/mo payment, not borrower’s personal income.
Single Family
Built in 1940
0.56 Acres 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
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Listed by: Iftikhar Khan • RE/MAX Galaxy
Mls Name: Bright MLS
Mls ID: #MDPG2159010