714 Harmony Way #714CentrevilleMD21617
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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 Centreville at 714 Harmony Way #714, Centreville, MD, 21617 listed at $579,000 pairs $3,600/mo rent with a $2,834/mo payment. Total monthly income runs $3,600/mo. Return on cash invested measures 20.05% in year one, and rental yield registers 7.46% at a $579,000 basis. Equity gained on principal adds $3,736/yr, and annual property appreciation at 5% supports $159,967 by year five. Five-year ROI tracks 103.61% and total cumulative return in cash totals $197,371. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,600/mo property income relative to a $2,834/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21617, Centreville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,368 (100%) |
| Owner Occupied HU | 3,356 (76.8%) |
| Renter Occupied HU | 700 (16.0%) |
| Vacant Housing Units | 312 ( 7.1%) |
| Median Home Value | $481,958 |
| Average Home Value | $533,517 |
Housing Distribution
Address Breakdown
Residential
4,292
Single Family
4,235
Multi-Family
57
Businesses
424
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Listed by: Deborah Shiley • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #MDQA2015240