3843 Glasgow WayFrederickMD21704
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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 Frederick at 3843 Glasgow Way, Frederick, MD, 21704 generates $4,436/mo in rent, after a $4,478/mo payment. Total monthly income is $4,436/mo. Return on cash invested sits at 15.06% in year one, and rental yield is 5.82% on a $915,000 entry. Equity gained on principal adds $5,904/yr, while 5% annual appreciation builds toward $252,798 over five years. Five-year ROI reaches 76.84% and total cumulative return in cash sums $231,317. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,436/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
9,958 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21704, Frederick, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,869 (100%) |
| Owner Occupied HU | 6,448 (81.9%) |
| Renter Occupied HU | 1,102 (14.0%) |
| Vacant Housing Units | 319 ( 4.1%) |
| Median Home Value | $639,224 |
| Average Home Value | $681,630 |
Housing Distribution
Address Breakdown
Residential
7,614
Single Family
7,462
Multi-Family
152
Businesses
960
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