1879 Shookstown Rd LOT 67, Frederick, MD, 21702 | $13/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1879 Shookstown Rd LOT 67, Frederick, MD, 21702 | $13/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

Rental property for sale in Frederick at 1879 Shookstown Rd LOT 67, Frederick, MD, 21702 generates $3,060/mo in rent and, after a $2,398/mo payment, leaves $13/mo in cash flow. Total monthly income is $3,060/mo, and annual cash flow is $155/yr on $162,402 invested. Return on cash invested sits at 20% in year one, and rental yield is 7.5% on a $489,900 entry. Equity gained on principal adds $3,161/yr, while 5% annual appreciation builds toward $135,350 over five years. Five-year ROI reaches 103.38% and total cumulative return in cash sums $167,897. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,060/mo property income rather than buyer’s personal income.

Townhouse

Built in 2025

2,100 sqft lot

$N/A/sqft

No HOA

More details about the property

MOVE IN THIS FALL!***This trendy townhome design is a must have. The main level includes an additional bedroom suite with full bath perfect for guests or other family members. The main living level includes an exceptional, large Classic-style kitchen complete with center island, upgraded cabinets, upgrade quartz countertops, elegant ceramic backsplash, upgraded stainless steel appliances plus both a pantry closet and cabinet. Plus low-maintenance luxury vinyl plank flooring throughout the main living level. Primary bath includes quartz countertops, upgraded ceramic tile floors and frameless shower door. Our LOOKS designers have coordinated all of the interior finishes to make this home complete. ****The Towns at Gambrill Glenn is a stunning community of 110 new townhomes for sale in the city of Frederick, Maryland. Homeowners can enjoy shopping, dining, and entertainment options all close to their new home. Live nearby commuting routes, I-70, I-270 and Rt 15. Each home is offered in one of our new interior design Looks: Loft, Farmhouse, Classic or Elements for on-trend style in your new home. PHOTOS REPRESENTATIVE ONLY and may show other selections or upgrades.***SPECIAL FINANCING MAY BE AVAILABLE TO QUALIFIED BUYS FOR A LIMITED TIME WITH USE OF OUR PREFERRED LENDER. SUBJECT TO TERMS.***

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