24101 Secreteriat 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 24101 Secreteriat Ct, Damascus, MD, 20872 uses $220,858 cash to close to unlock $474/yr annual cash flow and $40/mo monthly cash flow. Total monthly income runs $4,228/mo, and a $3,286/mo payment keeps the spread at $40/mo. Purchase price stands at $671,300, and rental yield measures 7.56% with $4,228/mo rent. Return on cash invested shows 20.28% in year one, and 5% annual appreciation builds toward $185,468 over five years. Five-year ROI reaches 104.84% and total cumulative return in cash records $231,557. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,228/mo property income covering a $3,286/mo payment rather than investor’s personal income.
Single Family
Built in 1987
10,738 sqft lot
$N/A/sqft
$13 monthly 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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