6163 Newport TerFrederickMD21701
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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 6163 Newport Ter, Frederick, MD, 21701 uses $139,230 cash to close to unlock $8,838/yr annual cash flow and $737/mo monthly cash flow. Total monthly income runs $3,349/mo, and a $2,056/mo payment keeps the spread at $737/mo. Purchase price stands at $420,000, and rental yield measures 9.57% with $3,349/mo rent. Return on cash invested shows 26.26% in year one, and 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 136.93% and total cumulative return in cash records $190,651. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,349/mo property income covering a $2,056/mo payment rather than investor’s personal income.
Townhouse
Built in 2000
3,060 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21701, Frederick, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,662 (100%) |
| Owner Occupied HU | 12,253 (62.3%) |
| Renter Occupied HU | 6,116 (31.1%) |
| Vacant Housing Units | 1,293 ( 6.6%) |
| Median Home Value | $483,205 |
| Average Home Value | $539,479 |
Housing Distribution
Address Breakdown
Residential
18,591
Single Family
15,043
Multi-Family
3,548
Businesses
1,885
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