1040 Old Morgantown Rd WFriendsvilleMD21531
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowNot flashy, but dependably profitable, 1040 Old Morgantown Rd W, Friendsville, MD, 21531 in Friendsville is listed at $229,000 and delivers $1,913/mo in rent and $489/mo in net monthly cash flow. The 10.02% yield and 1.86 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $63,268 over five years, and $2,109/yr in principal reduction supplements cash return. Total projected cumulative return: $118,314.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 8.0% |
| Monthly Cash Flow | $489 | $350 |
City averages based on Friendsville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,913 |
| Total Monthly Debt Service | $1,333 |
| DSCR Ratio | 1.43x |
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 1920
1.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21531, Friendsville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,185 (100%) |
| Owner Occupied HU | 725 (61.2%) |
| Renter Occupied HU | 204 (17.2%) |
| Vacant Housing Units | 256 (21.6%) |
| Median Home Value | $264,431 |
| Average Home Value | $302,497 |
Housing Distribution
Address Breakdown
Residential
836
Single Family
836
Multi-Family
0
Businesses
54
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 1920
1.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21531, Friendsville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,185 (100%) |
| Owner Occupied HU | 725 (61.2%) |
| Renter Occupied HU | 204 (17.2%) |
| Vacant Housing Units | 256 (21.6%) |
| Median Home Value | $264,431 |
| Average Home Value | $302,497 |
Housing Distribution
Address Breakdown
Residential
836
Single Family
836
Multi-Family
0
Businesses
54
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nathaniel Oliverio • Taylor Made Deep Creek Vacations & Sales
Mls Name: Bright MLS
Mls ID: #MDGA2010304