8308 Flower Ave APT 401Takoma ParkMD20912
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
Investment property for sale in Takoma Park at 8308 Flower Ave APT 401, Takoma Park, MD, 20912 offers a 19.01% rental yield on a $169,400 purchase with $2,683/mo rent. Total monthly income registers $2,683/mo, and a $829/mo payment leaves $445/mo available for distribution. Annual cash flow reaches $5,338/yr on $56,156 to close, and return on cash invested stands at 29.41% in year one. Equity gained on principal adds $1,093/yr while 5% annual appreciation supports $46,802 over five years. Portfolio math shows five-year ROI at 163.05% and total cumulative return in cash at $91,561. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,683/mo property income against a $829/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1935
1,139 sqft lot
$N/A/sqft
$1,031 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20912, Takoma Park, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,181 (100%) |
| Owner Occupied HU | 4,539 (44.6%) |
| Renter Occupied HU | 5,184 (50.9%) |
| Vacant Housing Units | 458 ( 4.5%) |
| Median Home Value | $762,250 |
| Average Home Value | $787,597 |
Housing Distribution
Address Breakdown
Residential
9,694
Single Family
4,747
Multi-Family
4,947
Businesses
471
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A