505 Washington AveLa PlataMD20646
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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 La Plata at 505 Washington Ave, La Plata, MD, 20646 listed at $1,899,900 pairs $4,014/mo rent with a $9,299/mo payment. Total monthly income runs $4,014/mo. Return on cash invested measures 5.16% in year one, and rental yield registers 2.54% at a $1,899,900 basis. Equity gained on principal adds $12,260/yr, and annual property appreciation at 5% supports $524,907 by year five. Five-year ROI tracks 23.69% and total cumulative return in cash totals $145,820. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,014/mo property income relative to a $9,299/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1915
4.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20646, La Plata, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,606 (100%) |
| Owner Occupied HU | 6,894 (80.1%) |
| Renter Occupied HU | 1,353 (15.7%) |
| Vacant Housing Units | 359 ( 4.2%) |
| Median Home Value | $485,791 |
| Average Home Value | $513,060 |
Housing Distribution
Address Breakdown
Residential
8,242
Single Family
7,917
Multi-Family
325
Businesses
809
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