4202 Drake CtWaldorfMD20603
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 4202 Drake Ct, Waldorf, MD, 20603 in Waldorf worth modelling. At $319,000 with a 8.28% gross yield, the $2,201/mo rent leaves $94/mo after the $1,434/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.53 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $88,134 by year five; $2,938/yr in principal reduction adds further equity. Total projected return: $135,027.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.5% |
| Monthly Cash Flow | $94 | $450 |
City averages based on Waldorf market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,201 |
| Total Monthly Debt Service | $1,857 |
| DSCR Ratio | 1.19x |
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.
Townhouse
Built in 1985
1,440 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20603, Waldorf, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,544 (100%) |
| Owner Occupied HU | 8,835 (76.5%) |
| Renter Occupied HU | 2,333 (20.2%) |
| Vacant Housing Units | 376 ( 3.3%) |
| Median Home Value | $443,284 |
| Average Home Value | $474,962 |
Housing Distribution
Address Breakdown
Residential
11,817
Single Family
11,051
Multi-Family
766
Businesses
410
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
Townhouse
Built in 1985
1,440 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20603, Waldorf, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,544 (100%) |
| Owner Occupied HU | 8,835 (76.5%) |
| Renter Occupied HU | 2,333 (20.2%) |
| Vacant Housing Units | 376 ( 3.3%) |
| Median Home Value | $443,284 |
| Average Home Value | $474,962 |
Housing Distribution
Address Breakdown
Residential
11,817
Single Family
11,051
Multi-Family
766
Businesses
410
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices