809 Eastern AveCapitol HeightsMD20743
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Capitol Heights at 809 Eastern Ave, Capitol Heights, MD, 20743 offers $2,935/mo rent that, after a $1,708/mo payment, leaves $765/mo cash flow. Total monthly income is $2,935/mo, and annual cash flow is $9,175/yr on $115,694 cash. Return on cash invested measures 27.84% in year one, and rental yield stands at 10.09% at a $349,000 entry. Equity gained on principal adds $2,252/yr while 5% annual appreciation compounds into $96,422 by year five. Five-year ROI records 145.42% and total cumulative return in cash reaches $168,240. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,935/mo property income versus a $1,708/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20743, Capitol Heights, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,846 (100%) |
| Owner Occupied HU | 10,155 (60.3%) |
| Renter Occupied HU | 5,681 (33.7%) |
| Vacant Housing Units | 1,010 ( 6.0%) |
| Median Home Value | $363,975 |
| Average Home Value | $386,914 |
Housing Distribution
Address Breakdown
Residential
15,931
Single Family
12,527
Multi-Family
3,404
Businesses
1,161
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Omid Asgari • Spring Hill Real Estate, LLC.
Mls Name: Bright MLS
Mls ID: #MDPG2190714