5604 Scott Ridge PlFrederickMD21704
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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 5604 Scott Ridge Pl, Frederick, MD, 21704 listed at $502,000 pairs $3,546/mo rent with a $2,457/mo payment to leave $424/mo cash flow. Total monthly income runs $3,546/mo, and annual cash flow reaches $5,086/yr on $165,158 cash to close. Return on cash invested measures 23.14% in year one, and rental yield registers 8.48% at a $502,000 basis. Equity gained on principal adds $3,239/yr, and annual property appreciation at 5% supports $138,693 by year five. Five-year ROI tracks 120.18% and total cumulative return in cash totals $198,480. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,546/mo property income relative to a $2,457/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2017
2,160 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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