93 Garner AveWaldorfMD20602
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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 Waldorf at 93 Garner Ave, Waldorf, MD, 20602 uses $122,191 cash to close to unlock $5,510/yr annual cash flow and $459/mo monthly cash flow. Total monthly income runs $2,796/mo, and a $1,804/mo payment keeps the spread at $459/mo. Purchase price stands at $368,600, and rental yield measures 9.1% with $2,796/mo rent. Return on cash invested shows 24.42% in year one, and 5% annual appreciation builds toward $101,837 over five years. Five-year ROI reaches 127.24% and total cumulative return in cash records $155,481. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,796/mo property income covering a $1,804/mo payment rather than investor’s personal income.
Single Family
Built in 1969
8,819 sqft lot
$N/A/sqft
$38 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20602, Waldorf, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,183 (100%) |
| Owner Occupied HU | 7,497 (67.0%) |
| Renter Occupied HU | 3,296 (29.5%) |
| Vacant Housing Units | 390 ( 3.5%) |
| Median Home Value | $367,810 |
| Average Home Value | $402,566 |
Housing Distribution
Address Breakdown
Residential
10,789
Single Family
9,604
Multi-Family
1,185
Businesses
662
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