1705 Palmetto DrBowieMD20721
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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
Rental property for sale in Bowie at 1705 Palmetto Dr, Bowie, MD, 20721 generates $3,845/mo in rent and, after a $2,298/mo payment, leaves $925/mo in cash flow. Total monthly income is $3,845/mo, and annual cash flow is $11,098/yr on $155,653 invested. Return on cash invested sits at 27.04% in year one, and rental yield is 9.83% on a $469,540 entry. Equity gained on principal adds $3,030/yr, while 5% annual appreciation builds toward $129,725 over five years. Five-year ROI reaches 141.11% and total cumulative return in cash sums $219,645. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,845/mo property income rather than buyer’s personal income.
Townhouse
Built in 2001
1,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20721, Bowie, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,566 (100%) |
| Owner Occupied HU | 9,080 (85.9%) |
| Renter Occupied HU | 1,159 (11.0%) |
| Vacant Housing Units | 327 ( 3.1%) |
| Median Home Value | $591,780 |
| Average Home Value | $599,636 |
Housing Distribution
Address Breakdown
Residential
11,088
Single Family
10,062
Multi-Family
1,026
Businesses
110
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