18033 Wagonwheel Ct, Olney, MD, 20832 | $693/mo Cash Flow

For Sale

Listed for sale 6 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Olney at 18033 Wagonwheel Ct, Olney, MD, 20832 generates $3,523/mo in rent and, after a $2,227/mo payment, leaves $693/mo in cash flow. Total monthly income is $3,523/mo, and annual cash flow is $8,318/yr on $150,833 invested. Return on cash invested sits at 25.42% in year one, and rental yield is 9.29% on a $455,000 entry. Equity gained on principal adds $2,936/yr, while 5% annual appreciation builds toward $125,708 over five years. Five-year ROI reaches 132.48% and total cumulative return in cash sums $199,816. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,523/mo property income rather than buyer’s personal income.

Townhouse

Built in 1982

1,800 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 20832, Olney, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,896 (100%)
Owner Occupied HU	7,692 (86.5%)
Renter Occupied HU	1,013 (11.4%)
Vacant Housing Units	191 ( 2.1%)
Median Home Value	$676,740
Average Home Value	$740,246