9638 Ridge View DrOwingsMD20736
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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 Owings at 9638 Ridge View Dr, Owings, MD, 20736 uses $195,755 cash to close to unlock $5,911/yr annual cash flow and $493/mo monthly cash flow. Total monthly income runs $4,193/mo, and a $2,912/mo payment keeps the spread at $493/mo. Purchase price stands at $595,000, and rental yield measures 8.46% with $4,193/mo rent. Return on cash invested shows 23.08% in year one, and 5% annual appreciation builds toward $164,388 over five years. Five-year ROI reaches 119.86% and total cumulative return in cash records $234,638. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,193/mo property income covering a $2,912/mo payment rather than investor’s personal income.
Single Family
Built in 1979
2.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20736, Owings, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,004 (100%) |
| Owner Occupied HU | 2,697 (89.8%) |
| Renter Occupied HU | 200 ( 6.7%) |
| Vacant Housing Units | 107 ( 3.6%) |
| Median Home Value | $612,266 |
| Average Home Value | $632,405 |
Housing Distribution
Address Breakdown
Residential
2,989
Single Family
2,989
Multi-Family
0
Businesses
272
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