427 Christopher Ave APT 14GaithersburgMD20879
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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 Gaithersburg at 427 Christopher Ave APT 14, Gaithersburg, MD, 20879 uses $86,853 cash to close to unlock $9,418/yr annual cash flow and $785/mo monthly cash flow. Total monthly income runs $2,414/mo, and a $1,282/mo payment keeps the spread at $785/mo. Purchase price stands at $262,000, and rental yield measures 11.06% with $2,414/mo rent. Return on cash invested shows 30.75% in year one, and 5% annual appreciation builds toward $72,386 over five years. Five-year ROI reaches 161.01% and total cumulative return in cash records $139,845. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,414/mo property income covering a $1,282/mo payment rather than investor’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20879, Gaithersburg, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,205 (100%) |
| Owner Occupied HU | 6,451 (70.1%) |
| Renter Occupied HU | 2,501 (27.2%) |
| Vacant Housing Units | 253 ( 2.7%) |
| Median Home Value | $510,078 |
| Average Home Value | $599,379 |
Housing Distribution
Address Breakdown
Residential
8,988
Single Family
6,718
Multi-Family
2,270
Businesses
1,210
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Listed by: Mike Frazier • Nitro Realty
Mls Name: Bright MLS
Mls ID: #MDMC2197838