9923 Canvasback WayDamascusMD20872
Nearby investment properties with comparable rents
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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 Damascus at 9923 Canvasback Way, Damascus, MD, 20872 listed at $390,000 pairs $2,273/mo rent with a $1,909/mo payment. Total monthly income runs $2,273/mo. Return on cash invested measures 17.66% in year one, and rental yield registers 6.99% at a $390,000 basis. Equity gained on principal adds $2,517/yr, and annual property appreciation at 5% supports $107,750 by year five. Five-year ROI tracks 91.13% and total cumulative return in cash totals $117,812. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,273/mo property income relative to a $1,909/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1985
1,842 sqft lot
$N/A/sqft
$90 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20872, Damascus, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,581 (100%) |
| Owner Occupied HU | 3,781 (82.5%) |
| Renter Occupied HU | 641 (14.0%) |
| Vacant Housing Units | 159 ( 3.5%) |
| Median Home Value | $553,242 |
| Average Home Value | $587,193 |
Housing Distribution
Address Breakdown
Residential
4,726
Single Family
4,651
Multi-Family
75
Businesses
347
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Listed by: Danny Dang • Fairfax Realty Premier
Mls Name: Bright MLS
Mls Provider:
Mls ID: #MDMC2152180
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