23776 Myrtle Glen WayCaliforniaMD20619
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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
Investment property for sale in California at 23776 Myrtle Glen Way, California, MD, 20619 listed at $434,500 pairs $3,522/mo rent with a $2,127/mo payment to leave $819/mo cash flow. Total monthly income runs $3,522/mo, and annual cash flow reaches $9,831/yr on $144,037 cash to close. Return on cash invested measures 26.73% in year one, and rental yield registers 9.73% at a $434,500 basis. Equity gained on principal adds $2,804/yr, and annual property appreciation at 5% supports $120,044 by year five. Five-year ROI tracks 139.51% and total cumulative return in cash totals $200,939. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,522/mo property income relative to a $2,127/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2020
1,980 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: Lisa Riggleman • RE/MAX One
Mls Name: Bright MLS
Mls ID: #MDSM2027572