2022 Ray Leonard RdLandoverMD20785
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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 Landover at 2022 Ray Leonard Rd, Landover, MD, 20785 uses $85,821 cash to close to unlock $2,940/yr annual cash flow and $245/mo monthly cash flow. Total monthly income runs $1,855/mo, and a $1,267/mo payment keeps the spread at $245/mo. Purchase price stands at $258,888, and rental yield measures 8.6% with $1,855/mo rent. Return on cash invested shows 23.33% in year one, and 5% annual appreciation builds toward $71,526 over five years. Five-year ROI reaches 121.25% and total cumulative return in cash records $104,056. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,855/mo property income covering a $1,267/mo payment rather than investor’s personal income.
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
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