9614 Charles CtLa PlataMD20646
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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 La Plata at 9614 Charles Ct, La Plata, MD, 20646 uses $99,417 cash to close to unlock $13,184/yr annual cash flow and $1,099/mo monthly cash flow. Total monthly income runs $2,964/mo, and a $1,468/mo payment keeps the spread at $1,099/mo. Purchase price stands at $299,900, and rental yield measures 11.86% with $2,964/mo rent. Return on cash invested shows 33.17% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 174% and total cumulative return in cash records $172,984. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,964/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1963
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20646, La Plata, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,606 (100%) |
| Owner Occupied HU | 6,894 (80.1%) |
| Renter Occupied HU | 1,353 (15.7%) |
| Vacant Housing Units | 359 ( 4.2%) |
| Median Home Value | $485,791 |
| Average Home Value | $513,060 |
Housing Distribution
Address Breakdown
Residential
8,242
Single Family
7,917
Multi-Family
325
Businesses
809
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