606 Chance PlCapitol 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
Investment property for sale in Capitol Heights at 606 Chance Pl, Capitol Heights, MD, 20743 uses $152,490 cash to close to unlock $3,258/yr annual cash flow and $272/mo monthly cash flow. Total monthly income runs $3,132/mo, and a $2,251/mo payment keeps the spread at $272/mo. Purchase price stands at $460,000, and rental yield measures 8.17% with $3,132/mo rent. Return on cash invested shows 22.05% in year one, and 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 114.35% and total cumulative return in cash records $174,373. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,132/mo property income covering a $2,251/mo payment rather than investor’s personal income.
Townhouse
Built in 2013
1,724 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: Steve Belinky • RE/MAX United Real Estate
Mls Name: Bright MLS
Mls ID: #MDPG2188106