3902 Wakefield Ln, Bowie, MD, 20715 | $1,619/mo Cash Flow

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3902 Wakefield Ln, Bowie, MD, 20715 | $1,619/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Bowie at 3902 Wakefield Ln, Bowie, MD, 20715 offers a 11.24% rental yield on a $515,000 purchase with $4,822/mo rent. Total monthly income registers $4,822/mo, and a $2,521/mo payment leaves $1,619/mo available for distribution. Annual cash flow reaches $19,424/yr on $169,435 to close, and return on cash invested stands at 31.52% in year one. Equity gained on principal adds $3,323/yr while 5% annual appreciation supports $142,285 over five years. Portfolio math shows five-year ROI at 165.13% and total cumulative return in cash at $279,793. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,822/mo property income against a $2,521/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1966

0.48 Acres lot

$N/A/sqft

No HOA

More details about the property

Fantastic Colonial "Gladstone" located in the sought after Whitehall at Belair community. This generously sized home and lot are perfectly situated for convenience and a peaceful experience. Enjoy the private lot, brick patio with SunSetter awning, on nearly a half-acre (partially fenced) backing to woods, with the Whitehall Pool and Tennis Club just beyond. There are 4 graciously sized bedrooms, 2.5 bathrooms, and 2,400 square feet including a bonus recreation space and storage room in the converted garage area. You'll find fresh paint throughout, new carpets in two bedrooms, the family room and office, and hardwoods elsewhere. The upstairs hallway bath has been freshly updated. A new HVAC system was installed in 2022 and the seller is offering a home warranty for buyer peace of mind! Conveniently located between the elementary and middle schools, the Whitehall Pool and Tennis Club (pool bond included) shopping and dining options, public transit, and major commuter routes including Routes 50, 301, 450, and the Capital Beltway. Don't miss out on the charm and craftsmanship of this period home and the great location!

Neighborhood Data

Neighborhood data shown for ZIP Code: 20715, Bowie, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,533 (100%)
Owner Occupied HU	8,101 (85.0%)
Renter Occupied HU	947 ( 9.9%)
Vacant Housing Units	485 ( 5.1%)
Median Home Value	$463,106
Average Home Value	$487,533