202 W South StFrederickMD21701
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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
Investment Highlights
Investment property for sale in Frederick at 202 W South St, Frederick, MD, 21701 offers a 7.93% rental yield on a $507,000 purchase with $3,352/mo rent. 15% in year one. Equity gained on principal adds $3,272/yr while 5% annual appreciation supports $140,075 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,352/mo property income against a $2,482/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1880
3,675 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21701, Frederick, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,662 (100%) |
| Owner Occupied HU | 12,253 (62.3%) |
| Renter Occupied HU | 6,116 (31.1%) |
| Vacant Housing Units | 1,293 ( 6.6%) |
| Median Home Value | $483,205 |
| Average Home Value | $539,479 |
Housing Distribution
Address Breakdown
Residential
18,591
Single Family
15,043
Multi-Family
3,548
Businesses
1,885
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Listed by: Mary Beth Lewandowski • Samson Properties
Mls Name: Bright MLS
Mls Provider:
Mls ID: #MDFR2054240
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