8699 Greenbelt Rd APT T2, Greenbelt, MD, 20770 | $328/mo Cash Flow

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8699 Greenbelt Rd APT T2, Greenbelt, MD, 20770 | $328/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 8699 Greenbelt Rd APT T2, Greenbelt, MD, 20770 offers a 9.46% rental yield on a $197,000 purchase with $1,553/mo rent. Total monthly income registers $1,553/mo, and a $964/mo payment leaves $328/mo available for distribution. Annual cash flow reaches $3,936/yr on $65,306 to close, and return on cash invested stands at 25.94% in year one. Equity gained on principal adds $1,271/yr while 5% annual appreciation supports $54,427 over five years. Portfolio math shows five-year ROI at 135.19% and total cumulative return in cash at $88,286. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,553/mo property income against a $964/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 your beautifully maintained, ground-level condo! This charming two-bedroom, one-bath unit also features an additional den, perfect for a home office or guest room. The open floor plan seamlessly connects the spacious living and dining areas, making it ideal for entertaining. Enjoy easy access to your private patio through sliding doors, perfect for outdoor relaxation. The kitchen is equipped with new stainless steel appliances, enhancing both style and functionality. This condo is a must-seedont miss the opportunity to make it your new home!

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