589 Odendhal Ave #589GaithersburgMD20877
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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 Gaithersburg at 589 Odendhal Ave #589, Gaithersburg, MD, 20877 uses $147,518 cash to close to unlock $9,460/yr annual cash flow and $788/mo monthly cash flow. Total monthly income runs $3,556/mo, and a $2,178/mo payment keeps the spread at $788/mo. Purchase price stands at $445,000, and rental yield measures 9.59% with $3,556/mo rent. Return on cash invested shows 26.32% in year one, and 5% annual appreciation builds toward $122,945 over five years. Five-year ROI reaches 137.29% and total cumulative return in cash records $202,520. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,556/mo property income covering a $2,178/mo payment rather than investor’s personal income.
Townhouse
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20877, Gaithersburg, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,773 (100%) |
| Owner Occupied HU | 5,608 (40.7%) |
| Renter Occupied HU | 7,448 (54.1%) |
| Vacant Housing Units | 717 ( 5.2%) |
| Median Home Value | $533,944 |
| Average Home Value | $545,024 |
Housing Distribution
Address Breakdown
Residential
13,663
Single Family
6,259
Multi-Family
7,404
Businesses
1,496
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Listed by: Bijan Kavandi • Realty Advantage of Maryland LLC
Mls Name: Bright MLS
Mls ID: #MDMC2208376