15612 Everglade Ln APT 401BowieMD20716
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 15612 Everglade Ln APT 401, Bowie, MD, 20716 listed at $315,000 pairs $2,771/mo rent with a $1,542/mo payment to leave $812/mo cash flow. Total monthly income runs $2,771/mo, and annual cash flow reaches $9,739/yr on $104,423 cash to close. Return on cash invested measures 29.24% in year one, and rental yield registers 10.56% at a $315,000 basis. Equity gained on principal adds $2,033/yr, and annual property appreciation at 5% supports $87,029 by year five. Five-year ROI tracks 152.9% and total cumulative return in cash totals $159,665. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,771/mo property income relative to a $1,542/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2004
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices