24004 Desert Wine CtDamascusMD20872
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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 Damascus at 24004 Desert Wine Ct, Damascus, MD, 20872 earns from $3,922/mo rent with a $3,108/mo payment. Total monthly income totals $3,922/mo. ROI tracks 19.9% on current figures, and rental yield reads 7.41% at a $635,000 purchase. Equity gained on principal adds $4,098/yr, and 5% annual appreciation supports $175,439 over five years. Five-year ROI reaches 102.82% and total cumulative return in cash sums $214,796. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,922/mo property income instead of your personal income.
Single Family
Built in 1988
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20872, Damascus, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,581 (100%) |
| Owner Occupied HU | 3,781 (82.5%) |
| Renter Occupied HU | 641 (14.0%) |
| Vacant Housing Units | 159 ( 3.5%) |
| Median Home Value | $553,242 |
| Average Home Value | $587,193 |
Housing Distribution
Address Breakdown
Residential
4,726
Single Family
4,651
Multi-Family
75
Businesses
347
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