7217 Nimitz DrDistrict 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 7217 Nimitz Dr, District Heights, MD, 20747 offers a 9.43% rental yield on a $249,500 purchase with $1,960/mo rent. Total monthly income registers $1,960/mo, and a $1,221/mo payment leaves $408/mo available for distribution. Annual cash flow reaches $4,901/yr on $82,709 to close, and return on cash invested stands at 25.83% in year one. Equity gained on principal adds $1,610/yr while 5% annual appreciation supports $68,932 over five years. Portfolio math shows five-year ROI at 134.69% and total cumulative return in cash at $111,405. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,960/mo property income against a $1,221/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
7,453 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: Mynor Herrera • Keller Williams Capital Properties
Mls Name: Bright MLS
Mls ID: #MDPG2188188