7308 Donnell Pl APT B1, District Heights, MD, 20747 | $217/mo Cash Flow

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7308 Donnell Pl APT B1, District Heights, MD, 20747 | $217/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in District Heights at 7308 Donnell Pl APT B1, District Heights, MD, 20747 uses $41,438 cash to close to unlock $2,609/yr annual cash flow and $217/mo monthly cash flow. Total monthly income runs $995/mo, and a $612/mo payment keeps the spread at $217/mo. Purchase price stands at $125,000, and rental yield measures 9.55% with $995/mo rent. Return on cash invested shows 26.2% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 136.73% and total cumulative return in cash records $56,657. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $995/mo property income covering a $612/mo payment rather than investor’s personal income.

Condo

Built in 1964

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this bright and spacious 2-bedroom, 1-bath condo thats move-in ready and full of charm! Perfect for first-time buyers, downsizers, or investors, this home combines comfort, convenience, and value all in one. Step inside to find a generous kitchen with plenty of cabinet space. You'll love the natural light streaming through oversized windows of the living room. Enjoy your morning coffee or unwind after work on the private wrap around balcony overlooking the beautifully maintained community grounds. Plenty of reserved parking and ample guest spaces. The location cant be beatjust minutes from The Shops at Forestville Mall, Ritchie Station Marketplace, and an array of dining and entertainment options. Commuting is easy with quick access to I-495/I-95, Pennsylvania Avenue, and Ritchie Marlboro Road, plus a Metro bus stop conveniently located right outside the complex. The condo fee includes water, gas, and exterior maintenance for worry-free living. Property sold AS-IS schedule your showing today and discover the potential this home has to offer!

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