2308 Old Fort Hills DrFort WashingtonMD20744
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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 Fort Washington at 2308 Old Fort Hills Dr, Fort Washington, MD, 20744 earns $1,538/mo cash flow from $4,398/mo rent with a $2,251/mo payment. Total monthly income totals $4,398/mo, and annual cash flow totals $18,450/yr on $152,490 capital. ROI tracks 32.01% on current figures, and rental yield reads 11.47% at a $459,999 purchase. Equity gained on principal adds $2,968/yr, and 5% annual appreciation supports $127,089 over five years. Five-year ROI reaches 167.77% and total cumulative return in cash sums $255,829. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,398/mo property income instead of your personal income.
Single Family
Built in 1982
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20744, Fort Washington, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,711 (100%) |
| Owner Occupied HU | 14,856 (71.7%) |
| Renter Occupied HU | 4,802 (23.2%) |
| Vacant Housing Units | 1,053 ( 5.1%) |
| Median Home Value | $479,321 |
| Average Home Value | $505,591 |
Housing Distribution
Address Breakdown
Residential
19,826
Single Family
17,564
Multi-Family
2,262
Businesses
497
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Listed by: Boris Manzur • First Decision Realty LLC
Mls Name: Bright MLS
Mls ID: #MDPG2188426