6916 Hanover Pkwy APT 100GreenbeltMD20770
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
Investment property for sale in Greenbelt at 6916 Hanover Pkwy APT 100, Greenbelt, MD, 20770 uses $56,355 cash to close to unlock $3,237/yr annual cash flow and $270/mo monthly cash flow. Total monthly income runs $1,327/mo, and a $832/mo payment keeps the spread at $270/mo. Purchase price stands at $170,000, and rental yield measures 9.37% with $1,327/mo rent. Return on cash invested shows 25.65% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 133.7% and total cumulative return in cash records $75,345. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,327/mo property income covering a $832/mo payment rather than investor’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20770, Greenbelt, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,490 (100%) |
| Owner Occupied HU | 4,749 (41.3%) |
| Renter Occupied HU | 6,063 (52.8%) |
| Vacant Housing Units | 678 ( 5.9%) |
| Median Home Value | $429,173 |
| Average Home Value | $420,386 |
Housing Distribution
Address Breakdown
Residential
12,206
Single Family
4,507
Multi-Family
7,699
Businesses
816
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices