121 Eagles RdgSmithsburgMD21783
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 121 Eagles Rdg, Smithsburg, MD, 21783 in Smithsburg. At $315,900 it earns $2,605/mo in rent and distributes $640/mo to the owner after the $1,420/mo payment, a consistent 9.9% yield. DSCR 1.83 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $87,277 in value; $2,909/yr in principal paydown compounds ownership stake. Total projected return: $161,081.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 7.0% |
| Monthly Cash Flow | $640 | $350 |
City averages based on Smithsburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,605 |
| Total Monthly Debt Service | $1,839 |
| DSCR Ratio | 1.42x |
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.
Townhouse
Built in 2003
1,780 sqft 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
Townhouse
Built in 2003
1,780 sqft 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: Sara Repp • Real Estate Innovations
Mls Name: Bright MLS
Mls ID: #MDWA2032876