2006 Ray Leonard RdLandoverMD20785
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
Investment Highlights
Investment property for sale in Landover at 2006 Ray Leonard Rd, Landover, MD, 20785 with 5% annual appreciation on a $297,500 basis while $2,206/mo rent supports operations. Total monthly income totals $2,206/mo and a $1,456/mo payment preserves $356/mo for cash returns. Annual cash flow comes to $4,270/yr on $98,621 deployed, and return on cash invested reaches 24.24% in year one. Equity gained on principal adds $1,920/yr, and five-year appreciation sums $82,194 alongside rental yield of 8.9%. Five-year ROI measures 126.09% and total cumulative return in cash totals $124,351.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,206/mo property income versus a $1,456/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
4,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20785, Hyattsville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,982 (100%) |
| Owner Occupied HU | 7,875 (46.4%) |
| Renter Occupied HU | 7,900 (46.5%) |
| Vacant Housing Units | 1,207 ( 7.1%) |
| Median Home Value | $412,094 |
| Average Home Value | $449,542 |
Housing Distribution
Address Breakdown
Residential
16,124
Single Family
12,593
Multi-Family
3,531
Businesses
970
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Humaira Khalil • Keller Williams Preferred Properties
Mls Name: Bright MLS
Mls Provider:
Mls ID: #MDPG2128722
Disclaimer: The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 Bright MLS, Inc. [Click here for more information](/info/mls-disclaimers/#mls_5632)