24416 Cutsail DrDamascusMD20872
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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 24416 Cutsail Dr, Damascus, MD, 20872 listed at $585,000 pairs $4,115/mo rent with a $2,863/mo payment to leave $477/mo cash flow. Total monthly income runs $4,115/mo, and annual cash flow reaches $5,722/yr on $192,465 cash to close. Return on cash invested measures 23.03% in year one, and rental yield registers 8.44% at a $585,000 basis. Equity gained on principal adds $3,775/yr, and annual property appreciation at 5% supports $161,625 by year five. Five-year ROI tracks 119.59% and total cumulative return in cash totals $230,178. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,115/mo property income relative to a $2,863/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
10,500 sqft 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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