23624 General Store DrClarksburgMD20871
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 23624 General Store Dr, Clarksburg, MD, 20871 in Clarksburg offers a clean, manageable entry. Rental yield 6.56%. DSCR 1.22 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $186,490 in additional property value over five years, with $6,217/yr in principal equity building ownership stake. Total projected cumulative return: $223,488.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 5.5% |
| Monthly Cash Flow | $(506) | $300 |
City averages based on Clarksburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,692 |
| Total Monthly Debt Service | $3,930 |
| DSCR Ratio | 0.94x |
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.
Townhouse
Built in 2003
3,940 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
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
Townhouse
Built in 2003
3,940 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cheryl Neidecker • RE/MAX Realty Group
Mls Name: Bright MLS
Mls ID: #MDMC2192812