23413 Harness Point WayClarksburgMD20871
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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
Total monthly income runs $2,801/mo, and a $2,545/mo payment. Purchase price stands at $520,000, and rental yield measures 6.46% with $2,801/mo rent. Return on cash invested shows 17.02% in year one, and 5% annual appreciation builds toward $143,666 over five years. Five-year ROI reaches 87.37% and total cumulative return in cash records $149,471. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,801/mo property income covering a $2,545/mo payment rather than investor’s personal income.
Townhouse
Built in 2020
1,040 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20871, Clarksburg, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,933 (100%) |
| Owner Occupied HU | 8,287 (83.4%) |
| Renter Occupied HU | 1,371 (13.8%) |
| Vacant Housing Units | 275 ( 2.8%) |
| Median Home Value | $688,753 |
| Average Home Value | $723,359 |
Housing Distribution
Address Breakdown
Residential
10,100
Single Family
9,628
Multi-Family
472
Businesses
398
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Listed by: Hong Cai • BMI REALTORS INC.
Mls Name: Bright MLS
Mls ID: #MDMC2195684