1508 Pernell CtBowieMD20716
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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 1508 Pernell Ct, Bowie, MD, 20716 offers a 9.79% rental yield on a $525,000 purchase with $4,284/mo rent. Total monthly income registers $4,284/mo, and a $2,570/mo payment leaves $1,018/mo available for distribution. Annual cash flow reaches $12,220/yr on $172,725 to close, and return on cash invested stands at 27.14% in year one. Equity gained on principal adds $3,388/yr while 5% annual appreciation supports $145,048 over five years. Portfolio math shows five-year ROI at 141.62% and total cumulative return in cash at $244,605. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,284/mo property income against a $2,570/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.33 Acres 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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