








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Frederick at 6505 Springwater Ct APT 7103, Frederick, MD, 21701 uses $94,478 cash to close to unlock $5,488/yr annual cash flow and $457/mo monthly cash flow. Total monthly income runs $2,230/mo, and a $1,395/mo payment keeps the spread at $457/mo. Purchase price stands at $285,000, and rental yield measures 9.39% with $2,230/mo rent. Return on cash invested shows 25.72% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 134.06% and total cumulative return in cash records $126,654. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,230/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Condo
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 21701, Frederick, MD area.
| 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 |
Residential
18,591
Single Family
15,043
Multi-Family
3,548
Businesses
1,885
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Shannon Flannery • Maurer Realty
Mls Name: Bright MLS
Mls ID: #MDFR2067834