7728 Hanover Pkwy APT 304, Greenbelt, MD, 20770 | $205/mo Cash Flow

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7728 Hanover Pkwy APT 304, Greenbelt, MD, 20770 | $205/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 7728 Hanover Pkwy APT 304, Greenbelt, MD, 20770 uses $79,527 cash to close to unlock $2,462/yr annual cash flow and $205/mo monthly cash flow. Total monthly income runs $1,697/mo, and a $1,174/mo payment keeps the spread at $205/mo. Purchase price stands at $239,900, and rental yield measures 8.49% with $1,697/mo rent. Return on cash invested shows 23% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 119.52% and total cumulative return in cash records $95,047. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,697/mo property income covering a $1,174/mo payment rather than investor’s personal income.

Condo

Built in 1974

N/A lot

$N/A/sqft

No HOA

More details about the property

This updated two-bedroom unit is ideally situated in the heart of Greenbelt and offers a thoughtfully designed open floor plan. The eat-in kitchen features brand-new appliances, quartz countertops, recessed lighting, and a custom backsplash, seamlessly flowing into the separate dining and living areas. A generously sized private porch provides the perfect setting for morning coffee or evening cocktails. Conveniently located near schools, shopping, dining, public transportation, and major thoroughfares, this home offers both comfort and accessibility. Best of all, all utilities are included in the condominium fee, making this an exceptional value in a prime location.

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