303 Foundry LnFort WashingtonMD20744
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
Investment Highlights
Rental property for sale in Fort Washington at 303 Foundry Ln, Fort Washington, MD, 20744 offers $4,014/mo rent that, after a $2,398/mo payment, leaves $967/mo cash flow. Total monthly income is $4,014/mo, and annual cash flow is $11,601/yr on $162,435 cash. Return on cash invested measures 27.05% in year one, and rental yield stands at 9.83% at a $490,000 entry. Equity gained on principal adds $3,162/yr while 5% annual appreciation compounds into $135,378 by year five. Five-year ROI records 141.17% and total cumulative return in cash reaches $229,308. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,014/mo property income versus a $2,398/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20744, Fort Washington, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,711 (100%) |
| Owner Occupied HU | 14,856 (71.7%) |
| Renter Occupied HU | 4,802 (23.2%) |
| Vacant Housing Units | 1,053 ( 5.1%) |
| Median Home Value | $479,321 |
| Average Home Value | $505,591 |
Housing Distribution
Address Breakdown
Residential
19,826
Single Family
17,564
Multi-Family
2,262
Businesses
497
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wemmy Collins • Redfin Corp
Mls Name: Bright MLS
Mls ID: #MDPG2188556