56 Cross Point DrOwingsMD20736
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
Rental property for sale in Owings at 56 Cross Point Dr, Owings, MD, 20736 generates $4,170/mo in rent, after a $3,549/mo payment. Total monthly income is $4,170/mo. Return on cash invested sits at 18.35% in year one, and rental yield is 6.9% on a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation builds toward $200,304 over five years. Five-year ROI reaches 94.5% and total cumulative return in cash sums $225,413. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,170/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20736, Owings, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,004 (100%) |
| Owner Occupied HU | 2,697 (89.8%) |
| Renter Occupied HU | 200 ( 6.7%) |
| Vacant Housing Units | 107 ( 3.6%) |
| Median Home Value | $612,266 |
| Average Home Value | $632,405 |
Housing Distribution
Address Breakdown
Residential
2,989
Single Family
2,989
Multi-Family
0
Businesses
272
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices