1631 Blacksmith Way UNIT B, Frederick, MD, 21702 | $165/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1960 sft

9 Lombard St, Thurmont, MD, 21788

2 Bed
2 Bath
934 sft

13122 Shadyside Ln UNIT 9-150, Germantown, MD, 20874

2 Bed
1 Bath
915 sft

5823 Drawbridge Ct, Frederick, MD, 21703

3 Bed
2 Bath
1152 sft

507 Lewis Ct, Mount Airy, MD, 21771

Nearby investment properties with comparable prices

3 Bed
3 Bath
2475 sft

967 Monet Dr, Hagerstown, MD, 21740

3 Bed
3 Bath
1668 sft

140 Brynwood St, Hagerstown, MD, 21740

3 Bed
3 Bath
1442 sft

20036 Rosebank Way, Hagerstown, MD, 21742

3 Bed
2 Bath
1120 sft

5778 Sunset View Ln, Frederick, MD, 21703

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Frederick at 1631 Blacksmith Way UNIT B, Frederick, MD, 21702 at $388,982 posts ROI 21.44% with $165/mo cash flow from $2,584/mo rent. Total monthly income equals $2,584/mo, and annual cash flow records $1,975/yr on $128,948 to close. Return on cash invested measures 21.44% and rental yield reads 7.97% at the current $388,982. Equity gained on principal adds $2,510/yr, and 5% annual appreciation supports $107,469 by year five. Five-year ROI prints 111.1% and total cumulative return in cash totals $143,257.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,584/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Condo

Built in 2025

N/A 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