1606 Thomas RdFort WashingtonMD20744
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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 Fort Washington at 1606 Thomas Rd, Fort Washington, MD, 20744 uses $131,838 cash to close to unlock $10,645/yr annual cash flow and $887/mo monthly cash flow. Total monthly income runs $3,361/mo, and a $1,947/mo payment keeps the spread at $887/mo. Purchase price stands at $397,700, and rental yield measures 10.14% with $3,361/mo rent. Return on cash invested shows 27.98% in year one, and 5% annual appreciation builds toward $109,877 over five years. Five-year ROI reaches 146.21% and total cumulative return in cash records $192,758. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,361/mo property income covering a $1,947/mo payment rather than investor’s personal income.
Single Family
Built in 1954
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20744, Fort Washington, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,711 (100%) |
| Owner Occupied HU | 14,856 (71.7%) |
| Renter Occupied HU | 4,802 (23.2%) |
| Vacant Housing Units | 1,053 ( 5.1%) |
| Median Home Value | $479,321 |
| Average Home Value | $505,591 |
Housing Distribution
Address Breakdown
Residential
19,826
Single Family
17,564
Multi-Family
2,262
Businesses
497
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A