303 Redland Blvd APT 302RockvilleMD20850
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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 Rockville at 303 Redland Blvd APT 302, Rockville, MD, 20850 earns $28/mo cash flow from $3,324/mo rent with a $2,594/mo payment. Total monthly income totals $3,324/mo, and annual cash flow totals $333/yr on $174,370 capital. ROI tracks 20.25% on current figures, and rental yield reads 7.53% at a $530,000 purchase. Equity gained on principal adds $3,420/yr, and 5% annual appreciation supports $146,429 over five years. Five-year ROI reaches 104.68% and total cumulative return in cash sums $182,527. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,324/mo property income instead of your personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20850, Rockville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,381 (100%) |
| Owner Occupied HU | 11,257 (50.3%) |
| Renter Occupied HU | 9,799 (43.8%) |
| Vacant Housing Units | 1,325 ( 5.9%) |
| Median Home Value | $797,677 |
| Average Home Value | $848,556 |
Housing Distribution
Address Breakdown
Residential
22,111
Single Family
13,260
Multi-Family
8,851
Businesses
2,859
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