2500 Markham Ln APT 2, Landover, MD, 20785 | $234/mo Cash Flow

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2500 Markham Ln APT 2, Landover, MD, 20785 | $234/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Landover at 2500 Markham Ln APT 2, Landover, MD, 20785 offers a 9.07% rental yield on a $175,000 purchase with $1,323/mo rent. Total monthly income registers $1,323/mo, and a $857/mo payment leaves $234/mo available for distribution. Annual cash flow reaches $2,809/yr on $58,013 to close, and return on cash invested stands at 24.75% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 128.92% and total cumulative return in cash at $74,791. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,323/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1963

N/A lot

$N/A/sqft

No HOA

More details about the property

LOW DOWN PAYMENT AND FINANCING APPROVED! Owner occupied purchasers only. Down payments as little as 1% for qualified purchasers. Loan applications to be through Metropolitan Funding Group. This Association is financially sound and has some of the lowest condo dues in Prince Georges County. Seller will provide Home Warranty for 3 years! This spacious 2-bedroom, 2-bathroom condo in a charming garden-style building offers 1,026 sq. ft. of comfortable living space. The home features hardwood flooring throughout the main living areas, with cozy carpeted bedrooms for added comfort. Enjoy the convenience of central air conditioning and heating, an in-unit washer/dryer, and modern gas appliances. The primary bedroom includes an in-suite bathroom with a walk-in shower, and the kitchen is fully equipped with a dishwasher, garbage disposal, and ample cabinet space. Step through elegant French doors onto your private balcony, perfect for unwinding after a long day. Nestled in a quiet section of a bustling city, this condo offers easy access to shopping, entertainment, public transportation, and major highways, including I-495 and Route 50. Offers will only be considered by prospective buyers who intend to live in the unit as an owner-occupant.

Neighborhood Data

Neighborhood data shown for ZIP Code: 20785, Hyattsville, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,982 (100%)
Owner Occupied HU	7,875 (46.4%)
Renter Occupied HU	7,900 (46.5%)
Vacant Housing Units	1,207 ( 7.1%)
Median Home Value	$412,094
Average Home Value	$449,542