16007 Elegant Ct, Bowie, MD, 20716 | $868/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
1795 sft

8491 Imperial Dr #6-C, Laurel, MD, 20708

1 Bed
1 Bath
567 sft

2010 Kalorama Rd NW APT 301, Washington, DC, 20009

2 Bed
3 Bath
1204 sft

1466 Flatwood Ct, Crofton, MD, 21114

3 Bed
2 Bath
1632 sft

410 Cody Dr, Glen Burnie, MD, 21061

Nearby investment properties with comparable prices

Unit A - Aster Plan, Beechfield Manors | Active Adult 55+ : Heritage Condos | Act

1 Bed
1 Bath
881 sft

Unit A - Aster Plan, Beechfield Manors | Active Adult 55+ : Heritage Condos | Act, Bowie, MD, 20720

3 Bed
3 Bath
1458 sft

611 Sprite Way, Glen Burnie, MD, 21061

1 Bed
1 Bath
819 sft

1201 E West Hwy APT 244, Silver Spring, MD, 20910

4 Bed
3 Bath
1969 sft

1486 Potomac Heights Dr UNIT 134, Fort Washington, MD, 20744

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Bowie at 16007 Elegant Ct, Bowie, MD, 20716 generates $3,355/mo in rent and, after a $1,957/mo payment, leaves $868/mo in cash flow. Total monthly income is $3,355/mo, and annual cash flow is $10,418/yr on $132,567 invested. Return on cash invested sits at 27.77% in year one, and rental yield is 10.07% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 145.05% and total cumulative return in cash sums $192,284. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,355/mo property income rather than buyer’s personal income.

Townhouse

Built in 1995

1,757 sqft 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