45951 Altman CtLexington ParkMD20653
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 Lexington Park at 45951 Altman Ct, Lexington Park, MD, 20653 uses $116,025 cash to close to unlock $5,403/yr annual cash flow and $450/mo monthly cash flow. Total monthly income runs $2,627/mo, and a $1,713/mo payment keeps the spread at $450/mo. Purchase price stands at $350,000, and rental yield measures 9.01% with $2,627/mo rent. Return on cash invested shows 24.57% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 127.89% and total cumulative return in cash records $148,382. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,627/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 2005
7,296 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20653, Lexington Park, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,715 (100%) |
| Owner Occupied HU | 5,409 (50.5%) |
| Renter Occupied HU | 4,566 (42.6%) |
| Vacant Housing Units | 740 ( 6.9%) |
| Median Home Value | $362,863 |
| Average Home Value | $400,916 |
Housing Distribution
Address Breakdown
Residential
10,063
Single Family
9,170
Multi-Family
893
Businesses
645
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jackie Randell • CENTURY 21 New Millennium
Mls Name: Bright MLS
Mls ID: #MDSM2028742