402 Girard St APT T2GaithersburgMD20877
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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 Gaithersburg at 402 Girard St APT T2, Gaithersburg, MD, 20877 earns $122/mo cash flow from $1,397/mo rent with a $1,003/mo payment. Total monthly income totals $1,397/mo, and annual cash flow totals $1,468/yr on $67,958 capital. ROI tracks 22.07% on current figures, and rental yield reads 8.18% at a $205,000 purchase. Equity gained on principal adds $1,323/yr, and 5% annual appreciation supports $56,638 over five years. Five-year ROI reaches 114.52% and total cumulative return in cash sums $77,826. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,397/mo property income instead of your personal income.
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20877, Gaithersburg, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,773 (100%) |
| Owner Occupied HU | 5,608 (40.7%) |
| Renter Occupied HU | 7,448 (54.1%) |
| Vacant Housing Units | 717 ( 5.2%) |
| Median Home Value | $533,944 |
| Average Home Value | $545,024 |
Housing Distribution
Address Breakdown
Residential
13,663
Single Family
6,259
Multi-Family
7,404
Businesses
1,496
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Listed by: Elber Ramirez Olivo • First Decision Realty LLC
Mls Name: Bright MLS
Mls ID: #MDMC2212960