7409 Northern AveGlenn DaleMD20769
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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 Glenn Dale at 7409 Northern Ave, Glenn Dale, MD, 20769 generates $3,901/mo in rent and, after a $2,344/mo payment, leaves $922/mo in cash flow. Total monthly income is $3,901/mo, and annual cash flow is $11,068/yr on $158,789 invested. Return on cash invested sits at 26.88% in year one, and rental yield is 9.77% on a $479,000 entry. Equity gained on principal adds $3,091/yr, while 5% annual appreciation builds toward $132,339 over five years. Five-year ROI reaches 140.27% and total cumulative return in cash sums $222,735. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,901/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20769, Glenn Dale, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,605 (100%) |
| Owner Occupied HU | 2,259 (86.7%) |
| Renter Occupied HU | 258 ( 9.9%) |
| Vacant Housing Units | 88 ( 3.4%) |
| Median Home Value | $613,222 |
| Average Home Value | $635,311 |
Housing Distribution
Address Breakdown
Residential
2,497
Single Family
2,246
Multi-Family
251
Businesses
229
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Listed by: Frances Fendlay • Town Center Realty & Associates, Inc
Mls Name: Bright MLS
Mls ID: #MDPG2156862