16 Chips CtSmithsburgMD21783
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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 Smithsburg at 16 Chips Ct, Smithsburg, MD, 21783 at $319,900 posts ROI 19.85% with from $1,985/mo rent. Total monthly income equals $1,985/mo. Return on cash invested measures 19.85% and rental yield reads 7.45% at the current $319,900. Equity gained on principal adds $2,064/yr, and 5% annual appreciation supports $88,382 by year five. Five-year ROI prints 102.62% and total cumulative return in cash totals $108,824. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,985/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1977
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21783, Smithsburg, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,725 (100%) |
| Owner Occupied HU | 2,870 (77.0%) |
| Renter Occupied HU | 630 (16.9%) |
| Vacant Housing Units | 225 ( 6.0%) |
| Median Home Value | $384,360 |
| Average Home Value | $456,208 |
Housing Distribution
Address Breakdown
Residential
3,283
Single Family
3,283
Multi-Family
0
Businesses
134
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Nearby investment properties with comparable prices
Listed by: Linda Barkdoll • Ronnie Martin Realty, Inc.
Mls Name: Bright MLS
Mls ID: #MDWA2030124