2500 Waterside Dr UNIT 202FrederickMD21701
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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 2500 Waterside Dr UNIT 202, Frederick, MD, 21701 offers a 8.05% rental yield on a $340,000 purchase with $2,282/mo rent. 82% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,936 over five years. Portfolio math shows five-year ROI at 103.1% and total cumulative return in cash at $116,202. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,282/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1999
N/A lot
$N/A/sqft
$90 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21701, Frederick, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,662 (100%) |
| Owner Occupied HU | 12,253 (62.3%) |
| Renter Occupied HU | 6,116 (31.1%) |
| Vacant Housing Units | 1,293 ( 6.6%) |
| Median Home Value | $483,205 |
| Average Home Value | $539,479 |
Housing Distribution
Address Breakdown
Residential
18,591
Single Family
15,043
Multi-Family
3,548
Businesses
1,885
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Listed by: Ms. Tracy L Clark • Charis Realty Group
Mls Name: Bright MLS
Mls Provider:
Mls ID: #MDFR2063872
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