1496 W 10th StFrederickMD21702
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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 1496 W 10th St, Frederick, MD, 21702 uses $130,909 cash to close to unlock $4,569/yr annual cash flow and $381/mo monthly cash flow. Total monthly income runs $2,837/mo, and a $1,933/mo payment keeps the spread at $381/mo. Purchase price stands at $394,900, and rental yield measures 8.62% with $2,837/mo rent. Return on cash invested shows 23.4% in year one, and 5% annual appreciation builds toward $109,104 over five years. Five-year ROI reaches 121.59% and total cumulative return in cash records $159,179. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,837/mo property income covering a $1,933/mo payment rather than investor’s personal income.
Single Family
Built in 1965
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21702, Frederick, MD area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
18,650
Single Family
14,874
Multi-Family
3,776
Businesses
1,101
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