4308 Byers StCapitol HeightsMD20743
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
Investment Highlights
Investment property for sale in Capitol Heights at 4308 Byers St, Capitol Heights, MD, 20743 uses $129,285 cash to close to unlock $2,871/yr annual cash flow and $239/mo monthly cash flow. Total monthly income runs $2,665/mo, and a $1,909/mo payment keeps the spread at $239/mo. Purchase price stands at $390,000, and rental yield measures 8.2% with $2,665/mo rent. Return on cash invested shows 22.13% in year one, and 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 114.81% and total cumulative return in cash records $148,436. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,665/mo property income covering a $1,909/mo payment rather than investor’s personal income.
Single Family
Built in 2003
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20743, Capitol Heights, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,846 (100%) |
| Owner Occupied HU | 10,155 (60.3%) |
| Renter Occupied HU | 5,681 (33.7%) |
| Vacant Housing Units | 1,010 ( 6.0%) |
| Median Home Value | $363,975 |
| Average Home Value | $386,914 |
Housing Distribution
Address Breakdown
Residential
15,931
Single Family
12,527
Multi-Family
3,404
Businesses
1,161
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alicia Richardson • AMR Elite Realtors, LLC
Mls Name: Bright MLS
Mls ID: #MDPG2189016