16 Lombard StThurmontMD21788
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Nearby investment properties with comparable prices
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 Thurmont at 16 Lombard St, Thurmont, MD, 21788 offers $3,204/mo rent that, after a $2,178/mo payment, leaves $436/mo cash flow. Total monthly income is $3,204/mo, and annual cash flow is $5,236/yr on $147,518 cash. Return on cash invested measures 23.46% in year one, and rental yield stands at 8.64% at a $445,000 entry. Equity gained on principal adds $2,872/yr while 5% annual appreciation compounds into $122,945 by year five. Five-year ROI records 121.93% and total cumulative return in cash reaches $179,864. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,204/mo property income versus a $2,178/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1915
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21788, Thurmont, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,831 (100%) |
| Owner Occupied HU | 3,732 (77.3%) |
| Renter Occupied HU | 884 (18.3%) |
| Vacant Housing Units | 215 ( 4.5%) |
| Median Home Value | $439,496 |
| Average Home Value | $533,516 |
Housing Distribution
Address Breakdown
Residential
4,667
Single Family
4,570
Multi-Family
97
Businesses
262
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