23807 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 23807 Myrtle Glen Way, California, MD, 20619 earns $626/mo cash flow from $3,269/mo rent with a $2,080/mo payment. Total monthly income totals $3,269/mo, and annual cash flow totals $7,511/yr on $140,888 capital. ROI tracks 25.24% on current figures, and rental yield reads 9.23% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 131.45% and total cumulative return in cash sums $185,201. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,269/mo property income instead of your personal income.
Townhouse
Built in 2020
1,814 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: Kathy Dean • RE/MAX One
Mls Name: Bright MLS
Mls ID: #MDSM2027014