2900 Plaza DrDistrict 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 2900 Plaza Dr, District Heights, MD, 20747 uses $135,915 cash to close to unlock $4,893/yr annual cash flow and $408/mo monthly cash flow. Total monthly income runs $2,958/mo, and a $2,007/mo payment keeps the spread at $408/mo. Purchase price stands at $410,000, and rental yield measures 8.66% with $2,958/mo rent. Return on cash invested shows 23.51% in year one, and 5% annual appreciation builds toward $113,275 over five years. Five-year ROI reaches 122.19% and total cumulative return in cash records $166,079. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,958/mo property income covering a $2,007/mo payment rather than investor’s personal income.
Single Family
Built in 1982
7,395 sqft 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: Teila Thorne • Goldmine Realty
Mls Name: Bright MLS
Mls ID: #MDPG2186580