16002 Letcher RdBrandywineMD20613
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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 Brandywine at 16002 Letcher Rd, Brandywine, MD, 20613 generates $4,182/mo in rent, after a $4,155/mo payment. Total monthly income is $4,182/mo. Return on cash invested sits at 15.34% in year one, and rental yield is 5.91% on a $849,000 entry. Equity gained on principal adds $5,478/yr, while 5% annual appreciation builds toward $234,563 over five years. Five-year ROI reaches 78.38% and total cumulative return in cash sums $218,924. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,182/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
5.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20613, Brandywine, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,656 (100%) |
| Owner Occupied HU | 5,585 (83.9%) |
| Renter Occupied HU | 693 (10.4%) |
| Vacant Housing Units | 378 ( 5.7%) |
| Median Home Value | $583,918 |
| Average Home Value | $596,456 |
Housing Distribution
Address Breakdown
Residential
7,172
Single Family
6,931
Multi-Family
241
Businesses
310
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Listed by: Linda Gerrie • Fitzgerald Realty & Auctioneers
Mls Name: Bright MLS
Mls ID: #MDPG2154916