344 Patterson Park RdFrederickMD21703
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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 Frederick at 344 Patterson Park Rd, Frederick, MD, 21703 earns $911/mo cash flow from $3,337/mo rent with a $1,909/mo payment. Total monthly income totals $3,337/mo, and annual cash flow totals $10,935/yr on $129,285 capital. ROI tracks 28.37% on current figures, and rental yield reads 10.27% at a $389,999 purchase. Equity gained on principal adds $2,517/yr, and 5% annual appreciation supports $107,750 over five years. Five-year ROI reaches 148.26% and total cumulative return in cash sums $191,684. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,337/mo property income instead of your personal income.
Townhouse
Built in 2022
1,280 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21703, Frederick, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,079 (100%) |
| Owner Occupied HU | 11,278 (66.0%) |
| Renter Occupied HU | 5,112 (29.9%) |
| Vacant Housing Units | 689 ( 4.0%) |
| Median Home Value | $425,220 |
| Average Home Value | $488,306 |
Housing Distribution
Address Breakdown
Residential
16,391
Single Family
14,354
Multi-Family
2,037
Businesses
919
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