1057 Matthew CtHagerstownMD21742
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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 Hagerstown at 1057 Matthew Ct, Hagerstown, MD, 21742 uses $107,572 cash to close to unlock $2,004/yr annual cash flow and $167/mo monthly cash flow. Total monthly income runs $2,185/mo, and a $1,588/mo payment keeps the spread at $167/mo. Purchase price stands at $324,500, and rental yield measures 8.08% with $2,185/mo rent. Return on cash invested shows 21.77% in year one, and 5% annual appreciation builds toward $89,653 over five years. Five-year ROI reaches 112.91% and total cumulative return in cash records $121,464. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,185/mo property income covering a $1,588/mo payment rather than investor’s personal income.
Townhouse
Built in 1996
8,928 sqft 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: David Sweeney • USRealty.com LLP
Mls Name: Bright MLS
Mls ID: #MDWA2033572