8578 Ritchboro RdDistrict HeightsMD20747
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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
Rental property for sale in District Heights at 8578 Ritchboro Rd, District Heights, MD, 20747 generates $2,766/mo in rent and, after a $1,713/mo payment, leaves $589/mo in cash flow. Total monthly income is $2,766/mo, and annual cash flow is $7,071/yr on $116,025 invested. Return on cash invested sits at 26% in year one, and rental yield is 9.48% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 135.59% and total cumulative return in cash sums $157,322. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,766/mo property income rather than buyer’s personal income.
Townhouse
Built in 1989
1,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20747, District Heights, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,634 (100%) |
| Owner Occupied HU | 8,199 (49.3%) |
| Renter Occupied HU | 7,489 (45.0%) |
| Vacant Housing Units | 946 ( 5.7%) |
| Median Home Value | $372,034 |
| Average Home Value | $419,466 |
Housing Distribution
Address Breakdown
Residential
16,764
Single Family
9,980
Multi-Family
6,784
Businesses
822
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Listed by: Marvette Deadwyler • Own Real Estate
Mls Name: Bright MLS
Mls ID: #MDPG2165676