








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Frederick at 1401 Key Pkwy APT C-301, Frederick, MD, 21702 listed at $230,000 pairs $1,604/mo rent with a $1,126/mo payment to leave $173/mo cash flow. Total monthly income runs $1,604/mo, and annual cash flow reaches $2,079/yr on $76,245 cash to close. Return on cash invested measures 22.64% in year one, and rental yield registers 8.37% at a $230,000 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,545 by year five. Five-year ROI tracks 117.55% and total cumulative return in cash totals $89,623. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,604/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 21702, Frederick, MD area.
| 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 |
Residential
18,650
Single Family
14,874
Multi-Family
3,776
Businesses
1,101
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Bryant Ferreira • HomeSmart
Mls Name: Bright MLS
Mls ID: #MDFR2073786