6113 Lemon Grass Ln, Frederick, MD, 21703 | $331/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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6113 Lemon Grass Ln, Frederick, MD, 21703 | $331/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Frederick at 6113 Lemon Grass Ln, Frederick, MD, 21703 earns $331/mo cash flow from $3,440/mo rent with a $2,447/mo payment. Total monthly income totals $3,440/mo, and annual cash flow totals $3,966/yr on $165,750 capital. ROI tracks 22.3% on current figures, and rental yield reads 8.26% at a $499,999 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 over five years. Five-year ROI reaches 115.71% and total cumulative return in cash sums $191,791. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,440/mo property income instead of your personal income.

Townhouse

Built in 2021

1,700 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully appointed 4-bedroom, 3.5-bath townhouse in the desirable Harrington Terrace community of Frederick, MD. Thoughtfully designed and meticulously maintained, this home blends timeless craftsmanship with effortless stylethe custom design work is already done for you! Step inside to find rich woodwork, custom built-ins, and gleaming hardwood floors that add warmth and character throughout the main level. The open-concept living and dining spaces create an inviting flow perfect for entertaining or relaxing at home. Upstairs, spacious bedrooms are filled with natural light, including a serene primary suite with a private bath. The fully finished lower level provides a versatile fourth bedroom, full bath, and rec room or guest space. Perfectly positioned near downtown Fredericks restaurants, shops, and commuter routes, this home offers style, comfort, and convenienceall wrapped up in a move-in-ready package.

Neighborhood Data

Neighborhood data shown for ZIP Code: 21703, Frederick, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,079 (100%)
Owner Occupied HU	11,278 (66.0%)
Renter Occupied HU	5,112 (29.9%)
Vacant Housing Units	689 ( 4.0%)
Median Home Value	$425,220
Average Home Value	$488,306