202 Ridgeview CtCentrevilleMD21617
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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 Centreville at 202 Ridgeview Ct, Centreville, MD, 21617 listed at $289,000 pairs $2,037/mo rent with a $1,415/mo payment to leave $239/mo cash flow. Total monthly income runs $2,037/mo, and annual cash flow reaches $2,869/yr on $95,804 cash to close. Return on cash invested measures 22.9% in year one, and rental yield registers 8.46% at a $289,000 basis. Equity gained on principal adds $1,865/yr, and annual property appreciation at 5% supports $79,845 by year five. Five-year ROI tracks 118.98% and total cumulative return in cash totals $113,990. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,037/mo property income relative to a $1,415/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2006
871 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21617, Centreville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,368 (100%) |
| Owner Occupied HU | 3,356 (76.8%) |
| Renter Occupied HU | 700 (16.0%) |
| Vacant Housing Units | 312 ( 7.1%) |
| Median Home Value | $481,958 |
| Average Home Value | $533,517 |
Housing Distribution
Address Breakdown
Residential
4,292
Single Family
4,235
Multi-Family
57
Businesses
424
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Listed by: Jarnell Foster • Benson & Mangold, LLC
Mls Name: Bright MLS
Mls ID: #MDQA2014788