209 Grand DrTaneytownMD21787
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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 Taneytown at 209 Grand Dr, Taneytown, MD, 21787 uses $128,456 cash to close to unlock $7,387/yr annual cash flow and $616/mo monthly cash flow. Total monthly income runs $3,026/mo, and a $1,897/mo payment keeps the spread at $616/mo. Purchase price stands at $387,500, and rental yield measures 9.37% with $3,026/mo rent. Return on cash invested shows 25.66% in year one, and 5% annual appreciation builds toward $107,059 over five years. Five-year ROI reaches 133.73% and total cumulative return in cash records $171,783. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,026/mo property income covering a $1,897/mo payment rather than investor’s personal income.
Single Family
Built in 1988
8,464 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
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