24435 Lakeland DrHollywoodMD20636
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
Rental property for sale in Hollywood at 24435 Lakeland Dr, Hollywood, MD, 20636 generates $1,689/mo in rent and, after a $1,223/mo payment, leaves $135/mo in cash flow. Total monthly income is $1,689/mo, and annual cash flow is $1,618/yr on $82,858 invested. Return on cash invested sits at 21.86% in year one, and rental yield is 8.11% on a $249,950 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,057 over five years. Five-year ROI reaches 113.35% and total cumulative return in cash sums $93,918. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,689/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20636, Hollywood, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,203 (100%) |
| Owner Occupied HU | 3,291 (78.3%) |
| Renter Occupied HU | 602 (14.3%) |
| Vacant Housing Units | 310 ( 7.4%) |
| Median Home Value | $496,016 |
| Average Home Value | $558,113 |
Housing Distribution
Address Breakdown
Residential
4,062
Single Family
4,062
Multi-Family
0
Businesses
242
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices