38 Maryland Ave #Penthouse 602RockvilleMD20850
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable and efficiently structured, 38 Maryland Ave #Penthouse 602, Rockville, MD, 20850 in Rockville is a conservative rental investment at $400,000. Rental yield 7.65%. A 1.42 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $110,513; $3,684/yr in principal paydown supplements. Total projected return: $155,758.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 4.8% |
| Monthly Cash Flow | $(547) | $1,850 |
City averages based on Rockville market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,551 |
| Total Monthly Debt Service | $2,329 |
| DSCR Ratio | 1.10x |
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.
Condo
Built in 2007
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
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
Condo
Built in 2007
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices