3823 Hamilton St #B-303HyattsvilleMD20781
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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 Hyattsville at 3823 Hamilton St #B-303, Hyattsville, MD, 20781 uses $56,355 cash to close to unlock $3,681/yr annual cash flow and $307/mo monthly cash flow. Total monthly income runs $1,364/mo, and a $832/mo payment keeps the spread at $307/mo. Purchase price stands at $170,000, and rental yield measures 9.63% with $1,364/mo rent. Return on cash invested shows 26.44% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 137.91% and total cumulative return in cash records $77,721. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,364/mo property income covering a $832/mo payment rather than investor’s personal income.
Condo
Built in 1962
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20781, Hyattsville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,946 (100%) |
| Owner Occupied HU | 2,520 (51.0%) |
| Renter Occupied HU | 2,130 (43.1%) |
| Vacant Housing Units | 296 ( 6.0%) |
| Median Home Value | $497,313 |
| Average Home Value | $570,095 |
Housing Distribution
Address Breakdown
Residential
4,639
Single Family
2,924
Multi-Family
1,715
Businesses
721
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Listed by: Andre Michael Asselin • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #MDPG2187906