17914 Mill Branch PlMitchellvilleMD20716
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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 Mitchellville at 17914 Mill Branch Pl, Mitchellville, MD, 20716 generates $2,245/mo in rent, after a $6,118/mo payment. Total monthly income is $2,245/mo. Return on cash invested sits at 3.99% in year one, and rental yield is 2.16% on a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation builds toward $345,352 over five years. Five-year ROI reaches 17.4% and total cumulative return in cash sums $70,477. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,245/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
12.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20716, Bowie, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,953 (100%) |
| Owner Occupied HU | 6,593 (66.2%) |
| Renter Occupied HU | 2,882 (29.0%) |
| Vacant Housing Units | 478 ( 4.8%) |
| Median Home Value | $454,615 |
| Average Home Value | $488,465 |
Housing Distribution
Address Breakdown
Residential
9,484
Single Family
7,346
Multi-Family
2,138
Businesses
490
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Listed by: Bryann Marosy • Next Step Realty
Mls Name: Bright MLS
Mls ID: #MDPG2187654