4701 Norwich RdCollege ParkMD20740
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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 College Park at 4701 Norwich Rd, College Park, MD, 20740 offers a 11.62% rental yield on a $800,000 purchase with $7,744/mo rent. Total monthly income registers $7,744/mo, and a $3,916/mo payment leaves $2,768/mo available for distribution. Annual cash flow reaches $33,216/yr on $263,200 to close, and return on cash invested stands at 32.68% in year one. Equity gained on principal adds $5,162/yr while 5% annual appreciation supports $221,025 over five years. Portfolio math shows five-year ROI at 171.33% and total cumulative return in cash at $450,932. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,744/mo property income against a $3,916/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
6,939 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20740, College Park, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,847 (100%) |
| Owner Occupied HU | 4,516 (32.6%) |
| Renter Occupied HU | 7,178 (51.8%) |
| Vacant Housing Units | 2,153 (15.5%) |
| Median Home Value | $457,910 |
| Average Home Value | $489,001 |
Housing Distribution
Address Breakdown
Residential
11,318
Single Family
5,622
Multi-Family
5,696
Businesses
722
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Listed by: JT Triandafilou • Rory S. Coakley Realty, Inc.
Mls Name: Bright MLS
Mls ID: #MDPG2111698