2301 Olson St #1Temple HillsMD20748
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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 Temple Hills at 2301 Olson St #1, Temple Hills, MD, 20748 offers a 9.11% rental yield on a $139,900 purchase with $1,062/mo rent. Total monthly income registers $1,062/mo, and a $685/mo payment leaves $192/mo available for distribution. Annual cash flow reaches $2,300/yr on $46,377 to close, and return on cash invested stands at 24.87% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,652 over five years. Portfolio math shows five-year ROI at 129.51% and total cumulative return in cash at $60,063. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,062/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20748, Temple Hills, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,961 (100%) |
| Owner Occupied HU | 9,110 (57.1%) |
| Renter Occupied HU | 5,916 (37.1%) |
| Vacant Housing Units | 935 ( 5.9%) |
| Median Home Value | $412,681 |
| Average Home Value | $440,681 |
Housing Distribution
Address Breakdown
Residential
16,363
Single Family
10,365
Multi-Family
5,998
Businesses
997
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Listed by: Akin Falodun • Samson Properties
Mls Name: Bright MLS
Mls ID: #MDPG2186918