8710 Sum PlCharlotte HallMD20622
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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 Charlotte Hall at 8710 Sum Pl, Charlotte Hall, MD, 20622 uses $140,853 cash to close to unlock $1,476/yr annual cash flow and $123/mo monthly cash flow. Total monthly income runs $2,766/mo, and a $2,080/mo payment keeps the spread at $123/mo. Purchase price stands at $424,895, and rental yield measures 7.81% with $2,766/mo rent. Return on cash invested shows 20.96% in year one, and 5% annual appreciation builds toward $117,391 over five years. Five-year ROI reaches 108.54% and total cumulative return in cash records $152,876. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,766/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1966
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20622, Charlotte Hall, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,510 (100%) |
| Owner Occupied HU | 1,293 (85.6%) |
| Renter Occupied HU | 158 (10.5%) |
| Vacant Housing Units | 59 ( 3.9%) |
| Median Home Value | $451,262 |
| Average Home Value | $478,823 |
Housing Distribution
Address Breakdown
Residential
1,560
Single Family
1,560
Multi-Family
0
Businesses
254
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Listed by: Ana Ron • ANR Realty, LLC
Mls Name: Bright MLS
Mls ID: #MDCH2050090