4 Chestnut StFrostburgMD21532
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Frostburg at 4 Chestnut St, Frostburg, MD, 21532 generates $1,186/mo in rent, after a $1,125/mo payment. Total monthly income is $1,186/mo. Return on cash invested sits at 16.07% in year one, and rental yield is 6.19% on a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 82.35% and total cumulative return in cash sums $62,759. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,186/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
1,848 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21532, Frostburg, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,786 (100%) |
| Owner Occupied HU | 3,755 (55.3%) |
| Renter Occupied HU | 1,936 (28.5%) |
| Vacant Housing Units | 1,095 (16.1%) |
| Median Home Value | $194,526 |
| Average Home Value | $248,376 |
Housing Distribution
Address Breakdown
Residential
6,433
Single Family
6,052
Multi-Family
381
Businesses
330
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices