7308 15th PlTakoma ParkMD20912
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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
Rental property for sale in Takoma Park at 7308 15th Pl, Takoma Park, MD, 20912 generates $3,617/mo in rent and, after a $2,447/mo payment, leaves $508/mo in cash flow. Total monthly income is $3,617/mo, and annual cash flow is $6,090/yr on $165,750 invested. Return on cash invested sits at 23.58% in year one, and rental yield is 8.68% on a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 122.6% and total cumulative return in cash sums $203,204. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,617/mo property income rather than buyer’s personal income.
Single Family
Built in 1947
8,322 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20912, Takoma Park, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,181 (100%) |
| Owner Occupied HU | 4,539 (44.6%) |
| Renter Occupied HU | 5,184 (50.9%) |
| Vacant Housing Units | 458 ( 4.5%) |
| Median Home Value | $762,250 |
| Average Home Value | $787,597 |
Housing Distribution
Address Breakdown
Residential
9,694
Single Family
4,747
Multi-Family
4,947
Businesses
471
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Listed by: Jimmy Rupert • Douglas Realty, LLC
Mls Name: Bright MLS
Mls ID: #MDPG2159912