8285 Verne PlWelcomeMD20693
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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 Welcome at 8285 Verne Pl, Welcome, MD, 20693 uses $145,529 cash to close to unlock $16/yr annual cash flow and $1/mo monthly cash flow. Total monthly income runs $2,732/mo, and a $2,149/mo payment keeps the spread at $1/mo. Purchase price stands at $439,000, and rental yield measures 7.47% with $2,732/mo rent. Return on cash invested shows 19.92% in year one, and 5% annual appreciation builds toward $121,288 over five years. Five-year ROI reaches 102.96% and total cumulative return in cash records $149,840. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,732/mo property income covering a $2,149/mo payment rather than investor’s personal income.
Single Family
Built in 1948
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20693, Welcome, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 415 (100%) |
| Owner Occupied HU | 330 (79.5%) |
| Renter Occupied HU | 51 (12.3%) |
| Vacant Housing Units | 34 ( 8.2%) |
| Median Home Value | $484,615 |
| Average Home Value | $527,129 |
Housing Distribution
Address Breakdown
Residential
393
Single Family
393
Multi-Family
0
Businesses
17
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