124 E 7th StFrederickMD21701
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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 Frederick at 124 E 7th St, Frederick, MD, 21701 earns $272/mo cash flow from $3,102/mo rent with a $2,227/mo payment. Total monthly income totals $3,102/mo, and annual cash flow totals $3,266/yr on $150,833 capital. ROI tracks 22.07% on current figures, and rental yield reads 8.18% at a $455,000 purchase. Equity gained on principal adds $2,936/yr, and 5% annual appreciation supports $125,708 over five years. Five-year ROI reaches 114.52% and total cumulative return in cash sums $172,732. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,102/mo property income instead of your personal income.
Single Family
Built in 1910
2,346 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21701, Frederick, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,662 (100%) |
| Owner Occupied HU | 12,253 (62.3%) |
| Renter Occupied HU | 6,116 (31.1%) |
| Vacant Housing Units | 1,293 ( 6.6%) |
| Median Home Value | $483,205 |
| Average Home Value | $539,479 |
Housing Distribution
Address Breakdown
Residential
18,591
Single Family
15,043
Multi-Family
3,548
Businesses
1,885
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