200 Chapel Ct APT 319WalkersvilleMD21793
Nearby investment properties with comparable rents
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 Walkersville at 200 Chapel Ct APT 319, Walkersville, MD, 21793 offers a 10.66% rental yield on a $233,000 purchase with $2,070/mo rent. Total monthly income registers $2,070/mo, and a $1,140/mo payment leaves $621/mo available for distribution. Annual cash flow reaches $7,455/yr on $77,240 to close, and return on cash invested stands at 29.56% in year one. Equity gained on principal adds $1,504/yr while 5% annual appreciation supports $64,374 over five years. Portfolio math shows five-year ROI at 154.66% and total cumulative return in cash at $119,461. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,070/mo property income against a $1,140/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21793, Walkersville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,921 (100%) |
| Owner Occupied HU | 3,178 (81.1%) |
| Renter Occupied HU | 629 (16.0%) |
| Vacant Housing Units | 114 ( 2.9%) |
| Median Home Value | $474,880 |
| Average Home Value | $498,520 |
Housing Distribution
Address Breakdown
Residential
3,810
Single Family
3,610
Multi-Family
200
Businesses
215
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sue Kelley • Kelley Real Estate Professionals
Mls Name: Bright MLS
Mls ID: #MDFR2076358