273 Potomac HtsHagerstownMD21742
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hagerstown at 273 Potomac Hts, Hagerstown, MD, 21742 earns $20/mo cash flow from $2,352/mo rent with a $1,835/mo payment. Total monthly income totals $2,352/mo, and annual cash flow totals $243/yr on $124,279 capital. ROI tracks 20.1% on current figures, and rental yield reads 7.53% at a $374,900 purchase. Equity gained on principal adds $2,419/yr, and 5% annual appreciation supports $103,578 over five years. Five-year ROI reaches 103.96% and total cumulative return in cash sums $129,199. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,352/mo property income instead of your personal income.
Single Family
Built in 1974
0.27 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Toby Wantz • Real Estate Today
Mls Name: Bright MLS
Mls ID: #MDWA2031354