486 McDowell AveHagerstownMD21740
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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 Hagerstown at 486 McDowell Ave, Hagerstown, MD, 21740 earns from $1,996/mo rent with a $1,689/mo payment. Total monthly income totals $1,996/mo. ROI tracks 18.33% on current figures, and rental yield reads 6.94% at a $345,000 purchase. Equity gained on principal adds $2,226/yr, and 5% annual appreciation supports $95,317 over five years. Five-year ROI reaches 94.43% and total cumulative return in cash sums $107,992. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,996/mo property income instead of your personal income.
Single Family
Built in 1919
3,420 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: Yahaira Diaz • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #MDWA2030470