229 Apples Church RdThurmontMD21788
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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
Rental property for sale in Thurmont at 229 Apples Church Rd, Thurmont, MD, 21788 priced at $379,900 pairs $2,662/mo rent with $300/mo cash flow after a $1,859/mo payment. Total monthly income equals $2,662/mo, and annual cash flow comes to $3,596/yr on $125,937 invested. Return on cash invested is 22.76% in year one, and rental yield stands at 8.41% on a $379,900 basis. Equity gained on principal adds $2,451/yr, and 5% annual appreciation accumulates to $104,959 by year five. Five-year ROI measures 118.2% and total cumulative return in cash reaches $148,853. For financing, Ziffy Mortgage’s DSCR program evaluates $2,662/mo property income against a $1,859/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1992
9,275 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21788, Thurmont, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,831 (100%) |
| Owner Occupied HU | 3,732 (77.3%) |
| Renter Occupied HU | 884 (18.3%) |
| Vacant Housing Units | 215 ( 4.5%) |
| Median Home Value | $439,496 |
| Average Home Value | $533,516 |
Housing Distribution
Address Breakdown
Residential
4,667
Single Family
4,570
Multi-Family
97
Businesses
262
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