103 Drew CirSmithsburgMD21783
INVESTMENT ANALYSIS
Investment Verdict
Solid Income103 Drew Cir, Smithsburg, MD, 21783 in Smithsburg is a solid income-producing rental, 9.49% gross yield, $3,401/mo rent, $727/mo net cash flow on a $429,900 buy. DSCR 1.76 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $118,773 and $3,959/yr in principal reduction project a total cumulative return of $209,904.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 7.0% |
| Monthly Cash Flow | $727 | $350 |
City averages based on Smithsburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,401 |
| Total Monthly Debt Service | $2,503 |
| DSCR Ratio | 1.36x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2003
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21783, Smithsburg, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,725 (100%) |
| Owner Occupied HU | 2,870 (77.0%) |
| Renter Occupied HU | 630 (16.9%) |
| Vacant Housing Units | 225 ( 6.0%) |
| Median Home Value | $384,360 |
| Average Home Value | $456,208 |
Housing Distribution
Address Breakdown
Residential
3,283
Single Family
3,283
Multi-Family
0
Businesses
134
Nearby investment properties with comparable rents
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
Single Family
Built in 2003
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21783, Smithsburg, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,725 (100%) |
| Owner Occupied HU | 2,870 (77.0%) |
| Renter Occupied HU | 630 (16.9%) |
| Vacant Housing Units | 225 ( 6.0%) |
| Median Home Value | $384,360 |
| Average Home Value | $456,208 |
Housing Distribution
Address Breakdown
Residential
3,283
Single Family
3,283
Multi-Family
0
Businesses
134
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Bright MLS
Mls ID: #MDWA2035074