1315 Danberry DrFrederickMD21703
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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 1315 Danberry Dr, Frederick, MD, 21703 generates $2,686/mo in rent and, after a $1,909/mo payment, leaves $260/mo in cash flow. Total monthly income is $2,686/mo, and annual cash flow is $3,123/yr on $129,285 invested. Return on cash invested sits at 22.32% in year one, and rental yield is 8.26% on a $390,000 entry. Equity gained on principal adds $2,517/yr, while 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 115.85% and total cumulative return in cash sums $149,780. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,686/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
6,142 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21703, Frederick, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,079 (100%) |
| Owner Occupied HU | 11,278 (66.0%) |
| Renter Occupied HU | 5,112 (29.9%) |
| Vacant Housing Units | 689 ( 4.0%) |
| Median Home Value | $425,220 |
| Average Home Value | $488,306 |
Housing Distribution
Address Breakdown
Residential
16,391
Single Family
14,354
Multi-Family
2,037
Businesses
919
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