41 Elder 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 41 Elder Pl, Indian Head, MD, 20640 earns $158/mo cash flow from $836/mo rent with a $534/mo payment. Total monthly income totals $836/mo, and annual cash flow totals $1,891/yr on $36,134 capital. ROI tracks 25.14% on current figures, and rental yield reads 9.2% at a $109,000 purchase. Equity gained on principal adds $703/yr, and 5% annual appreciation supports $30,115 over five years. Five-year ROI reaches 131.01% and total cumulative return in cash sums $47,338. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $836/mo property income instead of your personal income.
Condo
Built in 1943
N/A 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: Janet Virgin • Baldus Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #MDCH2048552