2410 Ritchie RdDistrict HeightsMD20747
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 District Heights at 2410 Ritchie Rd, District Heights, MD, 20747 earns $202/mo cash flow from $3,468/mo rent with a $2,570/mo payment. Total monthly income totals $3,468/mo, and annual cash flow totals $2,428/yr on $172,725 capital. ROI tracks 21.47% on current figures, and rental yield reads 7.93% at a $525,000 purchase. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 over five years. Five-year ROI reaches 111.21% and total cumulative return in cash sums $192,093. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,468/mo property income instead of your personal income.
Single Family
Built in 1944
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20747, District Heights, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,634 (100%) |
| Owner Occupied HU | 8,199 (49.3%) |
| Renter Occupied HU | 7,489 (45.0%) |
| Vacant Housing Units | 946 ( 5.7%) |
| Median Home Value | $372,034 |
| Average Home Value | $419,466 |
Housing Distribution
Address Breakdown
Residential
16,764
Single Family
9,980
Multi-Family
6,784
Businesses
822
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angela Moore • Keller Williams Preferred Properties
Mls Name: Bright MLS
Mls ID: #MDPG2187086