24 Courthouse Sq APT 105, Rockville, MD, 20850 | $735/mo Cash Flow

For Sale

Listed for sale 7 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Rockville at 24 Courthouse Sq APT 105, Rockville, MD, 20850 offers a 10.02% rental yield on a $345,000 purchase with $2,881/mo rent. Total monthly income registers $2,881/mo, and a $1,689/mo payment leaves $735/mo available for distribution. Annual cash flow reaches $8,818/yr on $114,368 to close, and return on cash invested stands at 27.62% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,317 over five years. Portfolio math shows five-year ROI at 144.22% and total cumulative return in cash at $164,944. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,881/mo property income against a $1,689/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