41430 Challedon WayLeonardtownMD20650
INVESTMENT ANALYSIS
Investment Verdict
Solid Income41430 Challedon Way, Leonardtown, MD, 20650 in Leonardtown is a solid income-producing rental, 8.08% gross yield, $4,301/mo rent, $327/mo net cash flow on a $639,000 buy. DSCR 1.50 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $176,544 and $5,885/yr in principal reduction project a total cumulative return of $263,459.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.2% |
| Monthly Cash Flow | $327 | $950 |
City averages based on Leonardtown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,301 |
| Total Monthly Debt Service | $3,720 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2010
9,733 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20650, Leonardtown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,429 (100%) |
| Owner Occupied HU | 4,652 (72.4%) |
| Renter Occupied HU | 1,183 (18.4%) |
| Vacant Housing Units | 594 ( 9.2%) |
| Median Home Value | $490,089 |
| Average Home Value | $538,975 |
Housing Distribution
Address Breakdown
Residential
5,527
Single Family
5,209
Multi-Family
318
Businesses
525
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2010
9,733 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20650, Leonardtown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,429 (100%) |
| Owner Occupied HU | 4,652 (72.4%) |
| Renter Occupied HU | 1,183 (18.4%) |
| Vacant Housing Units | 594 ( 9.2%) |
| Median Home Value | $490,089 |
| Average Home Value | $538,975 |
Housing Distribution
Address Breakdown
Residential
5,527
Single Family
5,209
Multi-Family
318
Businesses
525
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Foster • RE/MAX One
Mls Name: Bright MLS
Mls ID: #MDSM2028266