7706 Hanover Pkwy APT T3, Greenbelt, MD, 20770 | $187/mo Cash Flow

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7706 Hanover Pkwy APT T3, Greenbelt, MD, 20770 | $187/mo Cash Flow | Ziffy

For Sale

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 Greenbelt at 7706 Hanover Pkwy APT T3, Greenbelt, MD, 20770 offers a 8.44% rental yield on a $230,000 purchase with $1,618/mo rent. Total monthly income registers $1,618/mo, and a $1,126/mo payment leaves $187/mo available for distribution. Annual cash flow reaches $2,247/yr on $76,245 to close, and return on cash invested stands at 22.86% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,545 over five years. Portfolio math shows five-year ROI at 118.74% and total cumulative return in cash at $90,535. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,618/mo property income against a $1,126/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1975

N/A lot

$N/A/sqft

No HOA

More details about the property

All utilities included in condo fee. Recently remodeled selling AS IS in great condition. Unit is T-3 (47) Two bedroom-Two bath unit in great condition. Main bedroom with bathroom included and walk-in closet. Stainless steel appliances and hardwood floor laminated throught the condo. Close to highway and shopping center.

Neighborhood Data

Neighborhood data shown for ZIP Code: 20770, Greenbelt, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,490 (100%)
Owner Occupied HU	4,749 (41.3%)
Renter Occupied HU	6,063 (52.8%)
Vacant Housing Units	678 ( 5.9%)
Median Home Value	$429,173
Average Home Value	$420,386