17635 Lake Melford Ave Unit 37-EBowieMD20715
INVESTMENT ANALYSIS
Investment Verdict
Solid Income17635 Lake Melford Ave Unit 37-E, Bowie, MD, 20715 in Bowie is a solid income-producing rental, 8.54% gross yield, $5,104/mo rent, $543/mo net cash flow on a $717,170 buy. DSCR 1.58 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $198,141 and $6,605/yr in principal reduction project a total cumulative return of $307,452.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 5.1% |
| Monthly Cash Flow | $543 | $1,850 |
City averages based on Bowie market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,104 |
| Total Monthly Debt Service | $4,275 |
| DSCR Ratio | 1.19x |
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.
Townhouse
Built in 2026
3,049 sqft lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20715, Bowie, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,533 (100%) |
| Owner Occupied HU | 8,101 (85.0%) |
| Renter Occupied HU | 947 ( 9.9%) |
| Vacant Housing Units | 485 ( 5.1%) |
| Median Home Value | $463,106 |
| Average Home Value | $487,533 |
Housing Distribution
Address Breakdown
Residential
9,353
Single Family
9,299
Multi-Family
54
Businesses
440
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
Townhouse
Built in 2026
3,049 sqft lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20715, Bowie, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,533 (100%) |
| Owner Occupied HU | 8,101 (85.0%) |
| Renter Occupied HU | 947 ( 9.9%) |
| Vacant Housing Units | 485 ( 5.1%) |
| Median Home Value | $463,106 |
| Average Home Value | $487,533 |
Housing Distribution
Address Breakdown
Residential
9,353
Single Family
9,299
Multi-Family
54
Businesses
440
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Rubinfeld • Mid-Atlantic Builders Realty, Inc
Mls Name: Bright MLS
Mls Provider:
Mls ID: #MDPG2196392
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