18640 Clovercrest CirOlneyMD20832
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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
Investment property for sale in Olney at 18640 Clovercrest Cir, Olney, MD, 20832 uses $185,885 cash to close to unlock $472/yr annual cash flow and $39/mo monthly cash flow. Total monthly income runs $3,553/mo, and a $2,765/mo payment keeps the spread at $39/mo. Purchase price stands at $565,000, and rental yield measures 7.55% with $3,553/mo rent. Return on cash invested shows 20.31% in year one, and 5% annual appreciation builds toward $156,099 over five years. Five-year ROI reaches 105.03% and total cumulative return in cash records $195,231. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,553/mo property income covering a $2,765/mo payment rather than investor’s personal income.
Townhouse
Built in 1992
1,720 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 |
Housing Distribution
Address Breakdown
Residential
9,036
Single Family
8,583
Multi-Family
453
Businesses
404
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