8359 Grovenor CtWhite PlainsMD20695
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 White Plains at 8359 Grovenor Ct, White Plains, MD, 20695 offers a 9.69% rental yield on a $459,900 purchase with $3,712/mo rent. Total monthly income registers $3,712/mo, and a $2,251/mo payment leaves $852/mo available for distribution. Annual cash flow reaches $10,220/yr on $152,457 to close, and return on cash invested stands at 26.61% in year one. Equity gained on principal adds $2,968/yr while 5% annual appreciation supports $127,062 over five years. Portfolio math shows five-year ROI at 138.83% and total cumulative return in cash at $211,662. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,712/mo property income against a $2,251/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
10,213 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20695, White Plains, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,332 (100%) |
| Owner Occupied HU | 5,020 (79.3%) |
| Renter Occupied HU | 1,076 (17.0%) |
| Vacant Housing Units | 236 ( 3.7%) |
| Median Home Value | $465,092 |
| Average Home Value | $485,709 |
Housing Distribution
Address Breakdown
Residential
5,845
Single Family
5,538
Multi-Family
307
Businesses
501
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Young • Keller Williams Realty
Mls Name: Bright MLS
Mls ID: #MDCH2049140