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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Frederick at 2406 Dominion Dr APT 1B, Frederick, MD, 21702 generates $2,428/mo in rent and, after a $1,395/mo payment, leaves $655/mo in cash flow. Total monthly income is $2,428/mo, and annual cash flow is $7,864/yr on $94,478 invested. Return on cash invested sits at 28.23% in year one, and rental yield is 10.22% on a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 147.55% and total cumulative return in cash sums $139,398. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,428/mo property income rather than buyer’s personal income.
Condo
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 21702, Frederick, MD area.
| 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 |
Residential
18,650
Single Family
14,874
Multi-Family
3,776
Businesses
1,101
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Melanie Wood • Berkshire Hathaway HomeServices PenFed Realty
Mls Name: Bright MLS
Mls ID: #MDFR2072256
