279 E Main St NEFrostburgMD21532
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 Frostburg at 279 E Main St NE, Frostburg, MD, 21532 listed at $199,000 pairs $1,930/mo rent with a $974/mo payment to leave $692/mo cash flow. Total monthly income runs $1,930/mo, and annual cash flow reaches $8,308/yr on $65,969 cash to close. Return on cash invested measures 32.5% in year one, and rental yield registers 11.64% at a $199,000 basis. Equity gained on principal adds $1,284/yr, and annual property appreciation at 5% supports $54,980 by year five. Five-year ROI tracks 170.47% and total cumulative return in cash totals $112,458. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,930/mo property income relative to a $974/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1924
6,560 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21532, Frostburg, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,786 (100%) |
| Owner Occupied HU | 3,755 (55.3%) |
| Renter Occupied HU | 1,936 (28.5%) |
| Vacant Housing Units | 1,095 (16.1%) |
| Median Home Value | $194,526 |
| Average Home Value | $248,376 |
Housing Distribution
Address Breakdown
Residential
6,433
Single Family
6,052
Multi-Family
381
Businesses
330
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices