117 Calvert TerHagerstownMD21742
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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
Rental property for sale in Hagerstown at 117 Calvert Ter, Hagerstown, MD, 21742 offers $2,488/mo rent that, after a $1,689/mo payment, leaves $342/mo cash flow. Total monthly income is $2,488/mo, and annual cash flow is $4,102/yr on $114,368 cash. Return on cash invested measures 23.5% in year one, and rental yield stands at 8.65% at a $345,000 entry. Equity gained on principal adds $2,226/yr while 5% annual appreciation compounds into $95,317 by year five. Five-year ROI records 122.1% and total cumulative return in cash reaches $139,648. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,488/mo property income versus a $1,689/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
9,815 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: Shirley Bayer • RE/MAX Results
Mls Name: Bright MLS
Mls ID: #MDWA2033372