172 Harpers Way, Frederick, MD, 21702 | $354/mo Cash Flow

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172 Harpers Way, Frederick, MD, 21702 | $354/mo Cash Flow | 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 172 Harpers Way, Frederick, MD, 21702 listed at $405,000 pairs $2,873/mo rent with a $1,982/mo payment to leave $354/mo cash flow. Total monthly income runs $2,873/mo, and annual cash flow reaches $4,252/yr on $134,258 cash to close. Return on cash invested measures 23.08% in year one, and rental yield registers 8.51% at a $405,000 basis. Equity gained on principal adds $2,613/yr, and annual property appreciation at 5% supports $111,894 by year five. Five-year ROI tracks 119.89% and total cumulative return in cash totals $160,958. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,873/mo property income relative to a $1,982/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Townhouse

Built in 1999

2,000 sqft lot

$N/A/sqft

No HOA

More details about the property

Beautifully updated 3BR/2.5BA garage townhome! Professionally painted and refreshed in 2018 with new windows, flooring, kitchen appliances, and deck. Major updates include a new HVAC (2019), roof (2020), and water heater (2025). Enjoy a spacious new deck overlooking a super large lot. Safety features include a fire sprinkler system and new CO/smoke detectors. Fantastic location with easy access to Rt. 15, Park & Ride, and Frederick Community College. Walkable neighborhood with pool, playground, and nearby shops, dining, and services. Convenient to Fort Detrick and local business parks.

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