45908 S Springsteen CtCaliforniaMD20619
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 California at 45908 S Springsteen Ct, California, MD, 20619 earns $672/mo cash flow from $2,537/mo rent with a $1,468/mo payment. Total monthly income totals $2,537/mo, and annual cash flow totals $8,060/yr on $99,417 capital. ROI tracks 28.02% on current figures, and rental yield reads 10.15% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 146.37% and total cumulative return in cash sums $145,516. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,537/mo property income instead of your personal income.
Single Family
Built in 1989
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20619, California, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,429 (100%) |
| Owner Occupied HU | 4,117 (64.0%) |
| Renter Occupied HU | 1,925 (29.9%) |
| Vacant Housing Units | 387 ( 6.0%) |
| Median Home Value | $419,430 |
| Average Home Value | $467,688 |
Housing Distribution
Address Breakdown
Residential
6,132
Single Family
5,361
Multi-Family
771
Businesses
646
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jenny Norris • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #MDSM2029088