204 Grand DrTaneytownMD21787
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Taneytown rentals match the income profile of 204 Grand Dr, Taneytown, MD, 21787. Listed at $375,000, gross rent is $3,150/mo and net cash flow is $818/mo, a 10.08% yield well above national averages. DSCR 1.87 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $103,606 by year five with $3,454/yr in annual principal reduction, projecting $194,912 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 5.0% |
| Monthly Cash Flow | $818 | $800 |
City averages based on Taneytown market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,150 |
| Total Monthly Debt Service | $2,183 |
| DSCR Ratio | 1.44x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1988
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21787, Taneytown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,813 (100%) |
| Owner Occupied HU | 3,820 (79.4%) |
| Renter Occupied HU | 761 (15.8%) |
| Vacant Housing Units | 232 ( 4.8%) |
| Median Home Value | $367,543 |
| Average Home Value | $413,278 |
Housing Distribution
Address Breakdown
Residential
4,790
Single Family
4,742
Multi-Family
48
Businesses
225
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
Single Family
Built in 1988
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21787, Taneytown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,813 (100%) |
| Owner Occupied HU | 3,820 (79.4%) |
| Renter Occupied HU | 761 (15.8%) |
| Vacant Housing Units | 232 ( 4.8%) |
| Median Home Value | $367,543 |
| Average Home Value | $413,278 |
Housing Distribution
Address Breakdown
Residential
4,790
Single Family
4,742
Multi-Family
48
Businesses
225
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices