17 Granite Pl UNIT 493GaithersburgMD20878
INVESTMENT ANALYSIS
Investment Verdict
Solid Income17 Granite Pl UNIT 493, Gaithersburg, MD, 20878 in Gaithersburg carries a 1.57 coverage ratio, rent of $3,209/mo is 1.57 times the $2,046/mo payment. Rental yield 8.46%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $455,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $125,708; total projected cumulative return: $170,506.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 5.1% |
| Monthly Cash Flow | $(63) | $1,850 |
City averages based on Gaithersburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,209 |
| Total Monthly Debt Service | $3,091 |
| DSCR Ratio | 1.04x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2005
N/A lot
$N/A/sqft
$442 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20878, Gaithersburg, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,989 (100%) |
| Owner Occupied HU | 16,942 (65.2%) |
| Renter Occupied HU | 7,976 (30.7%) |
| Vacant Housing Units | 1,071 ( 4.1%) |
| Median Home Value | $773,183 |
| Average Home Value | $802,412 |
Housing Distribution
Address Breakdown
Residential
25,808
Single Family
18,639
Multi-Family
7,169
Businesses
1,096
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2005
N/A lot
$N/A/sqft
$442 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20878, Gaithersburg, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,989 (100%) |
| Owner Occupied HU | 16,942 (65.2%) |
| Renter Occupied HU | 7,976 (30.7%) |
| Vacant Housing Units | 1,071 ( 4.1%) |
| Median Home Value | $773,183 |
| Average Home Value | $802,412 |
Housing Distribution
Address Breakdown
Residential
25,808
Single Family
18,639
Multi-Family
7,169
Businesses
1,096
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices