3908 Forrest School RdSmithsburgMD21783
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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 Smithsburg at 3908 Forrest School Rd, Smithsburg, MD, 21783 offers a 4.38% rental yield on a $825,000 purchase with $3,010/mo rent. 68% in year one. Equity gained on principal adds $5,324/yr while 5% annual appreciation supports $227,932 over five years. Portfolio math shows five-year ROI at 53.36% and total cumulative return in cash at $144,837. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,010/mo property income against a $4,038/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
68.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21783, Smithsburg, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,725 (100%) |
| Owner Occupied HU | 2,870 (77.0%) |
| Renter Occupied HU | 630 (16.9%) |
| Vacant Housing Units | 225 ( 6.0%) |
| Median Home Value | $384,360 |
| Average Home Value | $456,208 |
Housing Distribution
Address Breakdown
Residential
3,283
Single Family
3,283
Multi-Family
0
Businesses
134
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Listed by: Lindene Patton • CENTURY 21 New Millennium
Mls Name: Bright MLS
Mls ID: #MDFR2069444