8150 Fairground RdLa PlataMD20646
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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 La Plata at 8150 Fairground Rd, La Plata, MD, 20646 offers a 4.17% rental yield on a $947,200 purchase with $3,292/mo rent. 05% in year one. Equity gained on principal adds $6,112/yr while 5% annual appreciation supports $261,694 over five years. Portfolio math shows five-year ROI at 49.98% and total cumulative return in cash at $155,758. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,292/mo property income against a $4,636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
6.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20646, La Plata, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,606 (100%) |
| Owner Occupied HU | 6,894 (80.1%) |
| Renter Occupied HU | 1,353 (15.7%) |
| Vacant Housing Units | 359 ( 4.2%) |
| Median Home Value | $485,791 |
| Average Home Value | $513,060 |
Housing Distribution
Address Breakdown
Residential
8,242
Single Family
7,917
Multi-Family
325
Businesses
809
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