6218 58th AveRiverdaleMD20737
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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 Riverdale at 6218 58th Ave, Riverdale, MD, 20737 generates $2,425/mo in rent and, after a $1,664/mo payment, leaves $311/mo in cash flow. Total monthly income is $2,425/mo, and annual cash flow is $3,728/yr on $112,677 invested. Return on cash invested sits at 23.22% in year one, and rental yield is 8.56% on a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 120.64% and total cumulative return in cash sums $135,935. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,425/mo property income rather than buyer’s personal income.
Single Family
Built in 1937
7,821 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20737, Riverdale, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,242 (100%) |
| Owner Occupied HU | 3,569 (49.3%) |
| Renter Occupied HU | 3,323 (45.9%) |
| Vacant Housing Units | 350 ( 4.8%) |
| Median Home Value | $432,164 |
| Average Home Value | $450,485 |
Housing Distribution
Address Breakdown
Residential
6,880
Single Family
4,013
Multi-Family
2,867
Businesses
372
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