23098 Town Run DrLeonardtownMD20650
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Leonardtown at 23098 Town Run Dr, Leonardtown, MD, 20650 generates $4,565/mo in rent and, after a $3,402/mo payment, leaves $242/mo in cash flow. Total monthly income is $4,565/mo, and annual cash flow is $2,906/yr on $228,655 invested. Return on cash invested sits at 21.33% in year one, and rental yield is 7.88% on a $695,000 entry. Equity gained on principal adds $4,485/yr, while 5% annual appreciation builds toward $192,016 over five years. Five-year ROI reaches 110.49% and total cumulative return in cash sums $252,630. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,565/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
9,226 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20650, Leonardtown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,429 (100%) |
| Owner Occupied HU | 4,652 (72.4%) |
| Renter Occupied HU | 1,183 (18.4%) |
| Vacant Housing Units | 594 ( 9.2%) |
| Median Home Value | $490,089 |
| Average Home Value | $538,975 |
Housing Distribution
Address Breakdown
Residential
5,527
Single Family
5,209
Multi-Family
318
Businesses
525
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Delaney Burgess • RE/MAX United Real Estate
Mls Name: Bright MLS
Mls ID: #MDSM2027276