23220 Brandon CtLeonardtownMD20650
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 23220 Brandon Ct, Leonardtown, MD, 20650 in Leonardtown worth study. Rental yield 5.28%. The 5.28% gross yield is below cash-flow benchmarks at $545,000, but 5% annual appreciation, adding $150,573 over five years, frames this as a capital growth position. Rent of $2,400/mo partially offsets the $2,451/mo payment. Ziffy Mortgage finances appreciation-play properties (0.98 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $143,024.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.3% | 6.2% |
| Monthly Cash Flow | $(990) | $950 |
City averages based on Leonardtown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,400 |
| Total Monthly Debt Service | $3,173 |
| DSCR Ratio | 0.76x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2004
0.33 Acres 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
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 2004
0.33 Acres 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: Jennifer Goddard • CENTURY 21 New Millennium
Mls Name: Bright MLS
Mls ID: #MDSM2026952