16029 Philmont LnBowieMD20716
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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 16029 Philmont Ln, Bowie, MD, 20716 earns $1,201/mo cash flow from $4,304/mo rent with a $2,442/mo payment. Total monthly income totals $4,304/mo, and annual cash flow totals $14,410/yr on $165,419 capital. ROI tracks 28.62% on current figures, and rental yield reads 10.35% at a $499,000 purchase. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 over five years. Five-year ROI reaches 149.59% and total cumulative return in cash sums $247,458. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,304/mo property income instead of your personal income.
Single Family
Built in 1970
0.28 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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