8912 Tower PlLanhamMD20706
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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 Lanham at 8912 Tower Pl, Lanham, MD, 20706 generates $3,932/mo in rent and, after a $2,647/mo payment, leaves $568/mo in cash flow. Total monthly income is $3,932/mo, and annual cash flow is $6,820/yr on $177,956 invested. Return on cash invested sits at 23.89% in year one, and rental yield is 8.72% on a $540,900 entry. Equity gained on principal adds $3,490/yr, while 5% annual appreciation builds toward $149,441 over five years. Five-year ROI reaches 124.22% and total cumulative return in cash sums $221,061. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,932/mo property income rather than buyer’s personal income.
Townhouse
Built in 2014
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20706, Lanham, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,915 (100%) |
| Owner Occupied HU | 9,673 (64.9%) |
| Renter Occupied HU | 4,605 (30.9%) |
| Vacant Housing Units | 637 ( 4.3%) |
| Median Home Value | $441,375 |
| Average Home Value | $463,194 |
Housing Distribution
Address Breakdown
Residential
14,734
Single Family
11,879
Multi-Family
2,855
Businesses
1,383
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