203 Lake Coventry DrFrederickMD21702
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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 203 Lake Coventry Dr, Frederick, MD, 21702 at $530,000 posts ROI 22.3% with $326/mo cash flow from $3,622/mo rent. Total monthly income equals $3,622/mo, and annual cash flow records $3,909/yr on $174,370 to close. Return on cash invested measures 22.3% and rental yield reads 8.2% at the current $530,000. Equity gained on principal adds $3,420/yr, and 5% annual appreciation supports $146,429 by year five. Five-year ROI prints 115.68% and total cumulative return in cash totals $201,715.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,622/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1991
6,000 sqft 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 |
Housing Distribution
Address Breakdown
Residential
18,650
Single Family
14,874
Multi-Family
3,776
Businesses
1,101
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