3318 Mills Crossing PlKensingtonMD20895
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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 Kensington at 3318 Mills Crossing Pl, Kensington, MD, 20895 listed at $725,000 pairs $4,538/mo rent with a $3,549/mo payment to leave $28/mo cash flow. Total monthly income runs $4,538/mo, and annual cash flow reaches $341/yr on $238,525 cash to close. Return on cash invested measures 20.2% in year one, and rental yield registers 7.51% at a $725,000 basis. Equity gained on principal adds $4,678/yr, and annual property appreciation at 5% supports $200,304 by year five. Five-year ROI tracks 104.43% and total cumulative return in cash totals $249,089. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,538/mo property income relative to a $3,549/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1997
2,689 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20895, Kensington, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,739 (100%) |
| Owner Occupied HU | 5,980 (77.3%) |
| Renter Occupied HU | 1,463 (18.9%) |
| Vacant Housing Units | 296 ( 3.8%) |
| Median Home Value | $821,665 |
| Average Home Value | $893,088 |
Housing Distribution
Address Breakdown
Residential
7,492
Single Family
6,796
Multi-Family
696
Businesses
751
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Listed by: Franco Saladino • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #MDMC2201130