469 Phelps StGaithersburgMD20878
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 Gaithersburg at 469 Phelps St, Gaithersburg, MD, 20878 with 5% annual appreciation on a $865,000 basis while $3,994/mo rent supports operations. 22% in year one. Equity gained on principal adds $5,582/yr, and five-year appreciation sums $238,984 alongside rental yield of 5.54%. Five-year ROI measures 72.31% and total cumulative return in cash totals $205,779. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,994/mo property income versus a $4,234/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2001
2,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20878, Gaithersburg, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,989 (100%) |
| Owner Occupied HU | 16,942 (65.2%) |
| Renter Occupied HU | 7,976 (30.7%) |
| Vacant Housing Units | 1,071 ( 4.1%) |
| Median Home Value | $773,183 |
| Average Home Value | $802,412 |
Housing Distribution
Address Breakdown
Residential
25,808
Single Family
18,639
Multi-Family
7,169
Businesses
1,096
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elaine Koch • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #MDMC2198730