2061 Alice Ave APT 303Oxon HillMD20745
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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 Oxon Hill at 2061 Alice Ave APT 303, Oxon Hill, MD, 20745 offers a 8.1% rental yield on a $238,000 purchase with $1,607/mo rent. Total monthly income registers $1,607/mo, and a $1,165/mo payment leaves $127/mo available for distribution. Annual cash flow reaches $1,520/yr on $78,897 to close, and return on cash invested stands at 21.84% 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 113.22% and total cumulative return in cash at $89,326. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,607/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
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 |
Housing Distribution
Address Breakdown
Residential
13,507
Single Family
6,035
Multi-Family
7,472
Businesses
745
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