204 Northfield WayCentrevilleMD21617
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 Centreville at 204 Northfield Way, Centreville, MD, 21617 offers a 7.87% rental yield on a $549,000 purchase with $3,600/mo rent. Total monthly income registers $3,600/mo, and a $2,687/mo payment leaves $186/mo available for distribution. Annual cash flow reaches $2,227/yr on $180,621 to close, and return on cash invested stands at 21.29% in year one. Equity gained on principal adds $3,543/yr while 5% annual appreciation supports $151,679 over five years. Portfolio math shows five-year ROI at 110.27% and total cumulative return in cash at $199,172. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,600/mo property income against a $2,687/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
10,000 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gretchen Wichlinski • Compass
Mls Name: Bright MLS
Mls ID: #MDQA2014228