1191 Codorus StFrederickMD21702
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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 Frederick at 1191 Codorus St, Frederick, MD, 21702 generates $2,956/mo in rent and, after a $2,080/mo payment, leaves $313/mo in cash flow. Total monthly income is $2,956/mo, and annual cash flow is $3,755/yr on $140,888 invested. Return on cash invested sits at 22.57% in year one, and rental yield is 8.35% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 117.16% and total cumulative return in cash sums $165,065. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,956/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
6,661 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21702, Frederick, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,989 (100%) |
| Owner Occupied HU | 12,184 (61.0%) |
| Renter Occupied HU | 6,992 (35.0%) |
| Vacant Housing Units | 813 ( 4.1%) |
| Median Home Value | $466,678 |
| Average Home Value | $529,447 |
Housing Distribution
Address Breakdown
Residential
18,650
Single Family
14,874
Multi-Family
3,776
Businesses
1,101
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