502 Castleray CirFort WashingtonMD20744
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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
Rental property for sale in Fort Washington at 502 Castleray Cir, Fort Washington, MD, 20744 offers $4,494/mo rent that, after a $2,937/mo payment, leaves $762/mo cash flow. Total monthly income is $4,494/mo, and annual cash flow is $9,144/yr on $197,400 cash. Return on cash invested measures 24.69% in year one, and rental yield stands at 8.99% at a $600,000 entry. Equity gained on principal adds $3,872/yr while 5% annual appreciation compounds into $165,769 by year five. Five-year ROI records 128.49% and total cumulative return in cash reaches $253,644. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,494/mo property income versus a $2,937/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20744, Fort Washington, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,711 (100%) |
| Owner Occupied HU | 14,856 (71.7%) |
| Renter Occupied HU | 4,802 (23.2%) |
| Vacant Housing Units | 1,053 ( 5.1%) |
| Median Home Value | $479,321 |
| Average Home Value | $505,591 |
Housing Distribution
Address Breakdown
Residential
19,826
Single Family
17,564
Multi-Family
2,262
Businesses
497
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Listed by: Vivianne Couts • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #MDPG2160986