2805 Forest Ave #2-101District HeightsMD20747
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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 District Heights at 2805 Forest Ave #2-101, District Heights, MD, 20747 uses $74,588 cash to close to unlock $6,310/yr annual cash flow and $526/mo monthly cash flow. Total monthly income runs $1,925/mo, and a $1,101/mo payment keeps the spread at $526/mo. Purchase price stands at $225,000, and rental yield measures 10.27% with $1,925/mo rent. Return on cash invested shows 28.37% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 148.24% and total cumulative return in cash records $110,565. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,925/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Condo
Built in 2006
N/A 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
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Listed by: Lakiyah Frederick • Coldwell Banker Realty - Washington
Mls Name: Bright MLS
Mls ID: #MDPG2190086