7613 Charlton AveCollege ParkMD20740
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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 College Park at 7613 Charlton Ave, College Park, MD, 20740 generates $3,432/mo in rent and, after a $1,810/mo payment, leaves $1,132/mo in cash flow. Total monthly income is $3,432/mo, and annual cash flow is $13,583/yr on $122,622 invested. Return on cash invested sits at 30.99% in year one, and rental yield is 11.13% on a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 162.26% and total cumulative return in cash sums $198,970. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,432/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
7,248 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20740, College Park, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,847 (100%) |
| Owner Occupied HU | 4,516 (32.6%) |
| Renter Occupied HU | 7,178 (51.8%) |
| Vacant Housing Units | 2,153 (15.5%) |
| Median Home Value | $457,910 |
| Average Home Value | $489,001 |
Housing Distribution
Address Breakdown
Residential
11,318
Single Family
5,622
Multi-Family
5,696
Businesses
722
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Listed by: Sharon McCraney • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #MDPG2189262