15 E 4th St, Frederick, MD, 21701 | 7.12% Rental Yield

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15 E 4th St, Frederick, MD, 21701 | 7.12% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Frederick at 15 E 4th St, Frederick, MD, 21701 at $535,000 posts ROI 19.01% with from $3,174/mo rent. Total monthly income equals $3,174/mo. Return on cash invested measures 19.01% and rental yield reads 7.12% at the current $535,000. Equity gained on principal adds $3,452/yr, and 5% annual appreciation supports $147,811 by year five. Five-year ROI prints 98.05% and total cumulative return in cash totals $172,588. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,174/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Townhouse

Built in 1900

1,050 sqft lot

$N/A/sqft

No HOA

More details about the property

Live in the heart of Downtown Frederick! This sun-filled, all-brick end-unit townhome in the Historic District perfectly blends historic charm with modern updates just steps from North Market Streets vibrant shops, restaurants, and bars, and less than a half mile to Baker Park and the scenic Carroll Creek Promenade. Inside, the renovated kitchen (2019) features granite countertops, stainless steel appliances, and a brand-new Family Hub refrigerator with internet and touchscreen perfect for meal planning or streaming your favorite music while you cook. Fresh paint, updated flooring, and custom closets throughout make this home move-in ready. The primary suite, redesigned in 2024 with a custom closet system, is a true retreat. The newly finished basement offers versatile living space perfect for a family room, home office, gym, or guest area with a modern laundry room featuring new appliances, cabinetry, and butcher block counters, plus a full bathroom (updated 2019). Step outside to enjoy your private brick patio, upper-level balcony, and new decking (2024) ideal for relaxing or entertaining friends. Additional updates include a new electric panel and a mini-splits were added in 2025 to provide warmth in the winter and cooling in the summer! Parking is convenient with one city parking permit included, plus one rental space available in the back lot (subject to availability and additional cost). No HOA or condo fees! Located near the MARC train, multiple bus routes, and parks, this home delivers the perfect combination of downtown convenience, historic charm, and modern comfort.

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