8240 Morris Pl #47JessupMD20794
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 8240 Morris Pl #47, Jessup, MD, 20794 in Jessup hard to pass up. The 11.01% gross yield on a $389,900 purchase results in $3,577/mo in rent and $862/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.04). Annual cash flow of $10,347, five-year appreciation of $107,722, and $3,591/yr in equity build-up combine for a projected total cumulative return of $222,077.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 5.5% |
| Monthly Cash Flow | $862 | $1,500 |
City averages based on Jessup market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,577 |
| Total Monthly Debt Service | $2,270 |
| DSCR Ratio | 1.58x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2010
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20794, Jessup, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,680 (100%) |
| Owner Occupied HU | 2,947 (63.0%) |
| Renter Occupied HU | 1,554 (33.2%) |
| Vacant Housing Units | 179 ( 3.8%) |
| Median Home Value | $516,755 |
| Average Home Value | $570,466 |
Housing Distribution
Address Breakdown
Residential
4,501
Single Family
3,490
Multi-Family
1,011
Businesses
799
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
Townhouse
Built in 2010
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20794, Jessup, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,680 (100%) |
| Owner Occupied HU | 2,947 (63.0%) |
| Renter Occupied HU | 1,554 (33.2%) |
| Vacant Housing Units | 179 ( 3.8%) |
| Median Home Value | $516,755 |
| Average Home Value | $570,466 |
Housing Distribution
Address Breakdown
Residential
4,501
Single Family
3,490
Multi-Family
1,011
Businesses
799
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices