23188 Cherry Hill CtCaliforniaMD20619
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 23188 Cherry Hill Ct, California, MD, 20619 in California. At $443,500 it earns $3,380/mo in rent and distributes $547/mo to the owner after the $1,994/mo payment, a consistent 9.15% yield. DSCR 1.70 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $122,531 in value; $4,085/yr in principal paydown compounds ownership stake. Total projected return: $208,274.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.0% |
| Monthly Cash Flow | $547 | $400 |
City averages based on California market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,380 |
| Total Monthly Debt Service | $2,582 |
| DSCR Ratio | 1.31x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2002
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20619, California, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,429 (100%) |
| Owner Occupied HU | 4,117 (64.0%) |
| Renter Occupied HU | 1,925 (29.9%) |
| Vacant Housing Units | 387 ( 6.0%) |
| Median Home Value | $419,430 |
| Average Home Value | $467,688 |
Housing Distribution
Address Breakdown
Residential
6,132
Single Family
5,361
Multi-Family
771
Businesses
646
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
Single Family
Built in 2002
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20619, California, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,429 (100%) |
| Owner Occupied HU | 4,117 (64.0%) |
| Renter Occupied HU | 1,925 (29.9%) |
| Vacant Housing Units | 387 ( 6.0%) |
| Median Home Value | $419,430 |
| Average Home Value | $467,688 |
Housing Distribution
Address Breakdown
Residential
6,132
Single Family
5,361
Multi-Family
771
Businesses
646
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bill Harris • Coldwell Banker Premier
Mls Name: Bright MLS
Mls ID: #MDSM2029358