2061 Alice Ave APT 303, Oxon Hill, MD, 20745 | $216/mo Cash Flow

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2061 Alice Ave APT 303, Oxon Hill, MD, 20745 | $216/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Oxon Hill at 2061 Alice Ave APT 303, Oxon Hill, MD, 20745 offers a 8.55% rental yield on a $238,000 purchase with $1,696/mo rent. Total monthly income registers $1,696/mo, and a $1,165/mo payment leaves $216/mo available for distribution. Annual cash flow reaches $2,588/yr on $78,897 to close, and return on cash invested stands at 23.19% in year one. Equity gained on principal adds $1,536/yr while 5% annual appreciation supports $65,755 over five years. Portfolio math shows five-year ROI at 120.47% and total cumulative return in cash at $95,050. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,696/mo property income against a $1,165/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1991

N/A lot

$N/A/sqft

No HOA

More details about the property

Discover this sunny, light-filled garden-style condoa true hidden gem that offers comfort, convenience, and incredible value. Beautifully maintained and updated by its current owner, this spacious 2-bedroom, 2-bathroom home provides a warm and inviting atmosphere from the moment you enter. Step into a welcoming foyer that opens to a bright living room, complete with a charming wood-burning fireplaceperfect for cozy evenings. Just off the living room, enjoy a private deck overlooking a peaceful wooded area, ideal for morning coffee, relaxation, or nature views year-round. The walk-through galley kitchen boasts updated appliances, ample countertop space, tile flooring, and a pantry, making meal prep effortless. Adjacent to the kitchen sits a versatile sunroom, flooded with natural light. This multipurpose space can serve as a dining room, office, reading nook, or creative corner. Retreat to the large primary bedroom, featuring generous closet space and a full ensuite bathroom with a relaxing soaking tub. A second spacious bedroom and a full hall bathroom provide comfort and flexibility for guests, family, or roommates. The convenient stackable washer/dryer makes laundry a breeze. Enjoy the ease of assigned parking, ample guest parking, and a secured main entrance for added peace of mind. Perfectly positioned just off a main road and I-495, this location offers unbeatable access to Maryland, Virginia, and Washington, D.C. Minutes from shopping, dining, and entertainment, you'll have everything you need right at your fingertips. This home is an exceptional opportunity to own a rare find in todays market. Give yourself the gift of homeownership with this beautifully appointed condo in Oxon Hill.

Neighborhood Data

Neighborhood data shown for ZIP Code: 20745, Oxon Hill, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,455 (100%)
Owner Occupied HU	5,938 (44.1%)
Renter Occupied HU	6,541 (48.6%)
Vacant Housing Units	976 ( 7.3%)
Median Home Value	$416,556
Average Home Value	$454,414