1 Princeton PlHagerstownMD21742
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Nearby investment properties with comparable prices
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 Hagerstown at 1 Princeton Pl, Hagerstown, MD, 21742 priced at $315,000 pairs $2,205/mo rent with $246/mo cash flow after a $1,542/mo payment. Total monthly income equals $2,205/mo, and annual cash flow comes to $2,947/yr on $104,423 invested. Return on cash invested is 22.73% in year one, and rental yield stands at 8.4% on a $315,000 basis. Equity gained on principal adds $2,033/yr, and 5% annual appreciation accumulates to $87,029 by year five. Five-year ROI measures 118.03% and total cumulative return in cash reaches $123,245. For financing, Ziffy Mortgage’s DSCR program evaluates $2,205/mo property income against a $1,542/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1991
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21742, Hagerstown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,303 (100%) |
| Owner Occupied HU | 9,197 (64.3%) |
| Renter Occupied HU | 4,190 (29.3%) |
| Vacant Housing Units | 916 ( 6.4%) |
| Median Home Value | $347,065 |
| Average Home Value | $391,442 |
Housing Distribution
Address Breakdown
Residential
14,152
Single Family
12,576
Multi-Family
1,576
Businesses
762
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Listed by: Mary Llewellyn • The KW Collective
Mls Name: Bright MLS
Mls ID: #MDWA2033510