23540 F D R Blvd APT 201CaliforniaMD20619
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe cash-flow margin at 23540 F D R Blvd APT 201, California, MD, 20619 in California is narrow, $190/mo net on $2,684/mo rent after the $1,416/mo debt service, but the property operates at break-even-plus, not a loss. At $315,000 with a 10.23% yield, the long-run equity case via 5% appreciation ($87,029 over five years) and $2,901/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.90 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $166,174.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.0% |
| Monthly Cash Flow | $190 | $400 |
City averages based on California market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,684 |
| Total Monthly Debt Service | $1,834 |
| DSCR Ratio | 1.46x |
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.
Condo
Built in 2018
N/A 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
Condo
Built in 2018
N/A 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: Jeff Burgess • RE/MAX United Real Estate
Mls Name: Bright MLS
Mls ID: #MDSM2029386