24 Courthouse Sq #24-509RockvilleMD20850
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
Investment Highlights
Investment property for sale in Rockville at 24 Courthouse Sq #24-509, Rockville, MD, 20850 offers a 9.88% rental yield on a $349,800 purchase with $2,881/mo rent. 69% in year one. Equity gained on principal adds $2,257/yr while 5% annual appreciation supports $96,643 over five years. Portfolio math shows five-year ROI at 94.44% and total cumulative return in cash at $109,511. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,881/mo property income against a $1,712/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1991
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20850, Rockville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,381 (100%) |
| Owner Occupied HU | 11,257 (50.3%) |
| Renter Occupied HU | 9,799 (43.8%) |
| Vacant Housing Units | 1,325 ( 5.9%) |
| Median Home Value | $797,677 |
| Average Home Value | $848,556 |
Housing Distribution
Address Breakdown
Residential
22,111
Single Family
13,260
Multi-Family
8,851
Businesses
2,859
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
