23164 Mirfield LnLexington ParkMD20653
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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 Lexington Park at 23164 Mirfield Ln, Lexington Park, MD, 20653 offers a 8.54% rental yield on a $339,900 purchase with $2,419/mo rent. Total monthly income registers $2,419/mo, and a $1,664/mo payment leaves $305/mo available for distribution. Annual cash flow reaches $3,656/yr on $112,677 to close, and return on cash invested stands at 23.15% in year one. Equity gained on principal adds $2,193/yr while 5% annual appreciation supports $93,908 over five years. Portfolio math shows five-year ROI at 120.29% and total cumulative return in cash at $135,539. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,419/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20653, Lexington Park, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,715 (100%) |
| Owner Occupied HU | 5,409 (50.5%) |
| Renter Occupied HU | 4,566 (42.6%) |
| Vacant Housing Units | 740 ( 6.9%) |
| Median Home Value | $362,863 |
| Average Home Value | $400,916 |
Housing Distribution
Address Breakdown
Residential
10,063
Single Family
9,170
Multi-Family
893
Businesses
645
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Listed by: Carl Franzen • Franzen Realtors, Inc.
Mls Name: Bright MLS
Mls ID: #MDSM2027620