7 Booth St UNIT 302GaithersburgMD20878
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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 7 Booth St UNIT 302, Gaithersburg, MD, 20878 earns $469/mo cash flow from $3,672/mo rent with a $2,521/mo payment. Total monthly income totals $3,672/mo, and annual cash flow totals $5,624/yr on $169,435 capital. ROI tracks 23.38% on current figures, and rental yield reads 8.56% at a $515,000 purchase. Equity gained on principal adds $3,323/yr, and 5% annual appreciation supports $142,285 over five years. Five-year ROI reaches 121.47% and total cumulative return in cash sums $205,813. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,672/mo property income instead of your personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20878, Gaithersburg, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,989 (100%) |
| Owner Occupied HU | 16,942 (65.2%) |
| Renter Occupied HU | 7,976 (30.7%) |
| Vacant Housing Units | 1,071 ( 4.1%) |
| Median Home Value | $773,183 |
| Average Home Value | $802,412 |
Housing Distribution
Address Breakdown
Residential
25,808
Single Family
18,639
Multi-Family
7,169
Businesses
1,096
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Listed by: Erika Williams • Keller Williams Preferred Properties
Mls Name: Bright MLS
Mls ID: #MDMC2210260