364 Overture WayCentrevilleMD21617
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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
Rental property for sale in Centreville at 364 Overture Way, Centreville, MD, 21617 priced at $465,000 converts $3,282/mo rent into $390/mo cash flow after a $2,276/mo obligation. Total monthly income equals $3,282/mo, and annual cash flow totals $4,678/yr on $154,148 invested. Return on cash invested prints 22.94% in year one, and rental yield reads 8.47% against a $465,000 entry. Equity gained on principal adds $3,001/yr, while 5% annual appreciation compiles into $128,471 by year five. Five-year ROI reaches 119.15% and total cumulative return in cash sums $183,671. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,282/mo property income covering a $2,276/mo payment, not borrower’s personal income.
Single Family
Built in 2006
10,598 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21617, Centreville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,368 (100%) |
| Owner Occupied HU | 3,356 (76.8%) |
| Renter Occupied HU | 700 (16.0%) |
| Vacant Housing Units | 312 ( 7.1%) |
| Median Home Value | $481,958 |
| Average Home Value | $533,517 |
Housing Distribution
Address Breakdown
Residential
4,292
Single Family
4,235
Multi-Family
57
Businesses
424
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Listed by: Crystal Smith • RE/MAX Executive
Mls Name: Bright MLS
Mls ID: #MDQA2013538