160 Ormand StFrostburgMD21532
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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
Investment property for sale in Frostburg at 160 Ormand St, Frostburg, MD, 21532 at $179,900 posts ROI 27.57% with $381/mo cash flow from $1,500/mo rent. Total monthly income equals $1,500/mo, and annual cash flow records $4,568/yr on $59,637 to close. Return on cash invested measures 27.57% and rental yield reads 10.01% at the current $179,900. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 by year five. Five-year ROI prints 143.97% and total cumulative return in cash totals $85,857.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,500/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1863
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21532, Frostburg, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,786 (100%) |
| Owner Occupied HU | 3,755 (55.3%) |
| Renter Occupied HU | 1,936 (28.5%) |
| Vacant Housing Units | 1,095 (16.1%) |
| Median Home Value | $194,526 |
| Average Home Value | $248,376 |
Housing Distribution
Address Breakdown
Residential
6,433
Single Family
6,052
Multi-Family
381
Businesses
330
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