515 Clovis AveCapitol HeightsMD20743
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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 Capitol Heights at 515 Clovis Ave, Capitol Heights, MD, 20743 priced at $479,900 converts $4,244/mo rent into $1,259/mo cash flow after a $2,349/mo obligation. Total monthly income equals $4,244/mo, and annual cash flow totals $15,110/yr on $159,087 invested. Return on cash invested prints 29.41% in year one, and rental yield reads 10.61% against a $479,900 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation compiles into $132,588 by year five. Five-year ROI reaches 153.83% and total cumulative return in cash sums $244,725. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,244/mo property income covering a $2,349/mo payment, not borrower’s personal income.
Single Family
Built in 1954
8,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20743, Capitol Heights, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,846 (100%) |
| Owner Occupied HU | 10,155 (60.3%) |
| Renter Occupied HU | 5,681 (33.7%) |
| Vacant Housing Units | 1,010 ( 6.0%) |
| Median Home Value | $363,975 |
| Average Home Value | $386,914 |
Housing Distribution
Address Breakdown
Residential
15,931
Single Family
12,527
Multi-Family
3,404
Businesses
1,161
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Listed by: Boris Manzur • First Decision Realty LLC
Mls Name: Bright MLS
Mls ID: #MDPG2185050