23318 Red Oak CtCaliforniaMD20619
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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
Rental property for sale in California at 23318 Red Oak Ct, California, MD, 20619 generates $2,226/mo in rent and, after a $1,591/mo payment, leaves $204/mo in cash flow. Total monthly income is $2,226/mo, and annual cash flow is $2,452/yr on $107,738 invested. Return on cash invested sits at 22.19% in year one, and rental yield is 8.22% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 115.11% and total cumulative return in cash sums $124,021. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,226/mo property income rather than buyer’s personal income.
Townhouse
Built in 1980
2,178 sqft 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
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Listed by: Donyiel Rountree • Keller Williams Realty Centre
Mls Name: Bright MLS
Mls ID: #MDSM2028522