2116 Columbia AveLandoverMD20785
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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
Rental property for sale in Landover at 2116 Columbia Ave, Landover, MD, 20785 generates $2,840/mo in rent, after a $2,300/mo payment. Total monthly income is $2,840/mo. Return on cash invested sits at 19.27% in year one, and rental yield is 7.25% on a $470,000 entry. Equity gained on principal adds $3,033/yr, while 5% annual appreciation builds toward $129,852 over five years. Five-year ROI reaches 99.48% and total cumulative return in cash sums $154,989. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,840/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
5,800 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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