27 Harvard RdHagerstownMD21742
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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 Hagerstown at 27 Harvard Rd, Hagerstown, MD, 21742 generates $2,040/mo in rent and, after a $1,517/mo payment, leaves $112/mo in cash flow. Total monthly income is $2,040/mo, and annual cash flow is $1,349/yr on $102,732 invested. Return on cash invested sits at 21.22% in year one, and rental yield is 7.9% on a $309,900 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,620 over five years. Five-year ROI reaches 109.94% and total cumulative return in cash sums $112,944. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,040/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21742, Hagerstown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,303 (100%) |
| Owner Occupied HU | 9,197 (64.3%) |
| Renter Occupied HU | 4,190 (29.3%) |
| Vacant Housing Units | 916 ( 6.4%) |
| Median Home Value | $347,065 |
| Average Home Value | $391,442 |
Housing Distribution
Address Breakdown
Residential
14,152
Single Family
12,576
Multi-Family
1,576
Businesses
762
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Listed by: Bill Kenny • Keller Williams Realty Centre
Mls Name: Bright MLS
Mls ID: #MDWA2033270