8424 Spruill DrBowieMD20720
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.77% yield at 8424 Spruill Dr, Bowie, MD, 20720 in Bowie is solid, but the $3,305/mo payment compresses net cash flow to $190/mo at $735,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $203,067 by year five, and $6,769/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.44) without U.S. income documentation. Total projected return: $291,119.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 5.1% |
| Monthly Cash Flow | $190 | $1,850 |
City averages based on Bowie market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,762 |
| Total Monthly Debt Service | $4,279 |
| DSCR Ratio | 1.11x |
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.
Single Family
Built in 1992
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20720, Bowie, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,354 (100%) |
| Owner Occupied HU | 7,465 (89.4%) |
| Renter Occupied HU | 657 ( 7.9%) |
| Vacant Housing Units | 232 ( 2.8%) |
| Median Home Value | $590,662 |
| Average Home Value | $604,575 |
Housing Distribution
Address Breakdown
Residential
8,527
Single Family
8,332
Multi-Family
195
Businesses
192
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
Single Family
Built in 1992
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20720, Bowie, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,354 (100%) |
| Owner Occupied HU | 7,465 (89.4%) |
| Renter Occupied HU | 657 ( 7.9%) |
| Vacant Housing Units | 232 ( 2.8%) |
| Median Home Value | $590,662 |
| Average Home Value | $604,575 |
Housing Distribution
Address Breakdown
Residential
8,527
Single Family
8,332
Multi-Family
195
Businesses
192
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices