343 Woodpoint Ave #A & BHagerstownMD21740
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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 343 Woodpoint Ave #A & B, Hagerstown, MD, 21740 priced at $299,900 pairs $2,099/mo rent with $234/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,099/mo, and annual cash flow comes to $2,804/yr on $99,417 invested. Return on cash invested is 22.73% in year one, and rental yield stands at 8.4% on a $299,900 basis. Equity gained on principal adds $1,935/yr, and 5% annual appreciation accumulates to $82,857 by year five. Five-year ROI measures 118.02% and total cumulative return in cash reaches $117,328. For financing, Ziffy Mortgage’s DSCR program evaluates $2,099/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
7,840 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: Cinnamon Smith • J & B Real Estate, Inc
Mls Name: Bright MLS
Mls ID: #MDWA2030352