1610 Portland AveFort 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 1610 Portland Ave, Fort Washington, MD, 20744 with 5% annual appreciation on a $667,500 basis while $4,822/mo rent supports operations. Total monthly income totals $4,822/mo and a $3,267/mo payment preserves $671/mo for cash returns. Annual cash flow comes to $8,047/yr on $219,608 deployed, and return on cash invested reaches 23.72% in year one. Equity gained on principal adds $4,307/yr, and five-year appreciation sums $184,418 alongside rental yield of 8.67%. Five-year ROI measures 123.31% and total cumulative return in cash totals $270,792.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,822/mo property income versus a $3,267/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
1.78 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: Leslie Scruggs • HomeSmart
Mls Name: Bright MLS
Mls ID: #MDPG2179750