3002 Lake Forest DrUpper MarlboroMD20774
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 3002 Lake Forest Dr, Upper Marlboro, MD, 20774 in Upper Marlboro. At $789,900 it earns $5,570/mo in rent and distributes $658/mo to the owner after the $3,552/mo payment, a consistent 8.46% yield. DSCR 1.57 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $218,235 in value; $7,275/yr in principal paydown compounds ownership stake. Total projected return: $341,943.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 5.8% |
| Monthly Cash Flow | $658 | $1,250 |
City averages based on Upper Marlboro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,570 |
| Total Monthly Debt Service | $4,599 |
| DSCR Ratio | 1.21x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2014
8,753 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20774, Upper Marlboro, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,433 (100%) |
| Owner Occupied HU | 15,657 (73.1%) |
| Renter Occupied HU | 4,839 (22.6%) |
| Vacant Housing Units | 937 ( 4.4%) |
| Median Home Value | $535,602 |
| Average Home Value | $546,532 |
Housing Distribution
Address Breakdown
Residential
21,466
Single Family
17,356
Multi-Family
4,110
Businesses
814
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
Single Family
Built in 2014
8,753 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20774, Upper Marlboro, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,433 (100%) |
| Owner Occupied HU | 15,657 (73.1%) |
| Renter Occupied HU | 4,839 (22.6%) |
| Vacant Housing Units | 937 ( 4.4%) |
| Median Home Value | $535,602 |
| Average Home Value | $546,532 |
Housing Distribution
Address Breakdown
Residential
21,466
Single Family
17,356
Multi-Family
4,110
Businesses
814
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ashley Saahir • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #MDPG2164470