4085 Stepneys PlIndian HeadMD20640
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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 Indian Head at 4085 Stepneys Pl, Indian Head, MD, 20640 uses $119,340 cash to close to unlock $8,844/yr annual cash flow and $737/mo monthly cash flow. Total monthly income runs $2,976/mo, and a $1,762/mo payment keeps the spread at $737/mo. Purchase price stands at $360,000, and rental yield measures 9.92% with $2,976/mo rent. Return on cash invested shows 27.32% in year one, and 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 142.61% and total cumulative return in cash records $170,193. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,976/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 1940
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20640, Indian Head, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,307 (100%) |
| Owner Occupied HU | 3,155 (73.3%) |
| Renter Occupied HU | 788 (18.3%) |
| Vacant Housing Units | 364 ( 8.5%) |
| Median Home Value | $386,296 |
| Average Home Value | $384,574 |
Housing Distribution
Address Breakdown
Residential
3,983
Single Family
3,958
Multi-Family
25
Businesses
145
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Listed by: Elmer Ramos • The Agency DC
Mls Name: Bright MLS
Mls ID: #MDCH2050424