29844 Cheryl CtMechanicsvilleMD20659
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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 Mechanicsville at 29844 Cheryl Ct, Mechanicsville, MD, 20659 earns $1,005/mo cash flow from $4,612/mo rent with a $2,839/mo payment. Total monthly income totals $4,612/mo, and annual cash flow totals $12,054/yr on $190,820 capital. ROI tracks 26.38% on current figures, and rental yield reads 9.54% at a $580,000 purchase. Equity gained on principal adds $3,743/yr, and 5% annual appreciation supports $160,243 over five years. Five-year ROI reaches 137.53% and total cumulative return in cash sums $262,437. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,612/mo property income instead of your personal income.
Single Family
Built in 2000
2.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20659, Mechanicsville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,777 (100%) |
| Owner Occupied HU | 7,403 (84.3%) |
| Renter Occupied HU | 990 (11.3%) |
| Vacant Housing Units | 384 ( 4.4%) |
| Median Home Value | $439,667 |
| Average Home Value | $481,639 |
Housing Distribution
Address Breakdown
Residential
8,461
Single Family
8,460
Multi-Family
1
Businesses
328
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Listed by: Tig Wright • Redfin Corp
Mls Name: Bright MLS
Mls ID: #MDSM2027504