802 Grand Champion Dr #11-303RockvilleMD20850
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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
Investment property for sale in Rockville at 802 Grand Champion Dr #11-303, Rockville, MD, 20850 uses $162,104 cash to close to unlock $1,465/yr annual cash flow and $122/mo monthly cash flow. Total monthly income runs $3,163/mo, and a $2,393/mo payment keeps the spread at $122/mo. Purchase price stands at $489,000, and rental yield measures 7.76% with $3,163/mo rent. Return on cash invested shows 20.81% in year one, and 5% annual appreciation builds toward $135,102 over five years. Five-year ROI reaches 107.75% and total cumulative return in cash records $174,670. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,163/mo property income covering a $2,393/mo payment rather than investor’s personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20850, Rockville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,381 (100%) |
| Owner Occupied HU | 11,257 (50.3%) |
| Renter Occupied HU | 9,799 (43.8%) |
| Vacant Housing Units | 1,325 ( 5.9%) |
| Median Home Value | $797,677 |
| Average Home Value | $848,556 |
Housing Distribution
Address Breakdown
Residential
22,111
Single Family
13,260
Multi-Family
8,851
Businesses
2,859
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