312 E Franklin StHagerstownMD21740
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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 Hagerstown at 312 E Franklin St, Hagerstown, MD, 21740 earns $343/mo cash flow from $1,583/mo rent with a $976/mo payment. Total monthly income totals $1,583/mo, and annual cash flow totals $4,114/yr on $66,101 capital. ROI tracks 26.13% on current figures, and rental yield reads 9.53% at a $199,400 purchase. Equity gained on principal adds $1,287/yr, and 5% annual appreciation supports $55,091 over five years. Five-year ROI reaches 136.26% and total cumulative return in cash sums $90,072. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,583/mo property income instead of your personal income.
Single Family
Built in 1895
1,419 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21740, Hagerstown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,521 (100%) |
| Owner Occupied HU | 14,671 (51.4%) |
| Renter Occupied HU | 11,531 (40.4%) |
| Vacant Housing Units | 2,319 ( 8.1%) |
| Median Home Value | $288,026 |
| Average Home Value | $345,481 |
Housing Distribution
Address Breakdown
Residential
26,569
Single Family
22,946
Multi-Family
3,623
Businesses
2,422
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Listed by: Matthew Tomlinson • Solara Realty
Mls Name: Bright MLS
Mls ID: #MDWA2032806