130 N Altamont AveThurmontMD21788
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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 Thurmont at 130 N Altamont Ave, Thurmont, MD, 21788 uses $87,582 cash to close to unlock $8,507/yr annual cash flow and $709/mo monthly cash flow. Total monthly income runs $2,352/mo, and a $1,293/mo payment keeps the spread at $709/mo. Purchase price stands at $264,200, and rental yield measures 10.68% with $2,352/mo rent. Return on cash invested shows 29.62% in year one, and 5% annual appreciation builds toward $72,994 over five years. Five-year ROI reaches 154.97% and total cumulative return in cash records $135,724. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,352/mo property income covering a $1,293/mo payment rather than investor’s personal income.
Townhouse
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21788, Thurmont, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,831 (100%) |
| Owner Occupied HU | 3,732 (77.3%) |
| Renter Occupied HU | 884 (18.3%) |
| Vacant Housing Units | 215 ( 4.5%) |
| Median Home Value | $439,496 |
| Average Home Value | $533,516 |
Housing Distribution
Address Breakdown
Residential
4,667
Single Family
4,570
Multi-Family
97
Businesses
262
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