8689 Greenbelt Rd APT 202, Greenbelt, MD, 20770 | $103/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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8689 Greenbelt Rd APT 202, Greenbelt, MD, 20770 | $103/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Greenbelt at 8689 Greenbelt Rd APT 202, Greenbelt, MD, 20770 offers a 8.01% rental yield on a $225,000 purchase with $1,502/mo rent. Total monthly income registers $1,502/mo, and a $1,101/mo payment leaves $103/mo available for distribution. Annual cash flow reaches $1,234/yr on $74,588 to close, and return on cash invested stands at 21.56% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 111.76% and total cumulative return in cash at $83,361. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,502/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1970

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 8689 Greenbelt Rd #202, a charming 3-bedroom, 1-bathroom condo in vibrant Greenbelt, Maryland. This home offers comfort, modern conveniences, and an ideal location.The bright living area features large windows that flood the space with natural light. Cozy up by the fireplace, perfect for relaxing evenings. The kitchen is equipped with a sleek stainless steel refrigerator and ample cabinet storage, making it perfect for culinary enthusiasts. Enjoy the convenience of an in-unit washer and dryer. The condo fee includes utilities and management fees, simplifying your monthly expenses. Three spacious bedrooms provide flexibility for guests or a home office. Situated close to the Metro, NASA, and local shops, this home offers easy access to everything you need. Embrace the vibrant Greenbelt community with nearby parks and recreational facilities.

Neighborhood Data

Neighborhood data shown for ZIP Code: 20770, Greenbelt, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,490 (100%)
Owner Occupied HU	4,749 (41.3%)
Renter Occupied HU	6,063 (52.8%)
Vacant Housing Units	678 ( 5.9%)
Median Home Value	$429,173
Average Home Value	$420,386