8405 58th AveCollege ParkMD20740
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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 College Park at 8405 58th Ave, College Park, MD, 20740 offers a 8.47% rental yield on a $549,999 purchase with $3,882/mo rent. Total monthly income registers $3,882/mo, and a $2,692/mo payment leaves $461/mo available for distribution. Annual cash flow reaches $5,535/yr on $180,950 to close, and return on cash invested stands at 23.12% in year one. Equity gained on principal adds $3,549/yr while 5% annual appreciation supports $151,955 over five years. Portfolio math shows five-year ROI at 120.08% and total cumulative return in cash at $217,281. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,882/mo property income against a $2,692/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
10,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20740, College Park, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,847 (100%) |
| Owner Occupied HU | 4,516 (32.6%) |
| Renter Occupied HU | 7,178 (51.8%) |
| Vacant Housing Units | 2,153 (15.5%) |
| Median Home Value | $457,910 |
| Average Home Value | $489,001 |
Housing Distribution
Address Breakdown
Residential
11,318
Single Family
5,622
Multi-Family
5,696
Businesses
722
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Listed by: Mr. Tom S Hennerty • NetRealtyNow.com, LLC
Mls Name: Bright MLS
Mls ID: #MDPG2188790