6622 Lacona StDistrict HeightsMD20747
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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 District Heights at 6622 Lacona St, District Heights, MD, 20747 earns $256/mo cash flow from $2,054/mo rent with a $1,415/mo payment. Total monthly income totals $2,054/mo, and annual cash flow totals $3,073/yr on $95,804 capital. ROI tracks 23.12% on current figures, and rental yield reads 8.53% at a $289,000 purchase. Equity gained on principal adds $1,865/yr, and 5% annual appreciation supports $79,845 over five years. Five-year ROI reaches 120.12% and total cumulative return in cash sums $115,082. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,054/mo property income instead of your personal income.
Single Family
Built in 1958
9,163 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20747, District Heights, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,634 (100%) |
| Owner Occupied HU | 8,199 (49.3%) |
| Renter Occupied HU | 7,489 (45.0%) |
| Vacant Housing Units | 946 ( 5.7%) |
| Median Home Value | $372,034 |
| Average Home Value | $419,466 |
Housing Distribution
Address Breakdown
Residential
16,764
Single Family
9,980
Multi-Family
6,784
Businesses
822
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Listed by: Brenda White • RE/MAX One
Mls Name: Bright MLS
Mls ID: #MDPG2188510