41430 Challedon WayLeonardtownMD20650
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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 Leonardtown at 41430 Challedon Way, Leonardtown, MD, 20650 uses $210,231 cash to close to unlock $3,916/yr annual cash flow and $326/mo monthly cash flow. Total monthly income runs $4,301/mo, and a $3,128/mo payment keeps the spread at $326/mo. Purchase price stands at $639,000, and rental yield measures 8.08% with $4,301/mo rent. Return on cash invested shows 21.92% in year one, and 5% annual appreciation builds toward $176,544 over five years. Five-year ROI reaches 113.66% and total cumulative return in cash records $238,948. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,301/mo property income covering a $3,128/mo payment rather than investor’s personal income.
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
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Listed by: Heather Foster • RE/MAX One
Mls Name: Bright MLS
Mls ID: #MDSM2028266