70 Nottingham RdHagerstownMD21740
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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 70 Nottingham Rd, Hagerstown, MD, 21740 with 5% annual appreciation on a $379,900 basis while $2,586/mo rent supports operations. Total monthly income totals $2,586/mo and a $1,859/mo payment preserves $224/mo for cash returns. Annual cash flow comes to $2,684/yr on $125,937 deployed, and return on cash invested reaches 22.04% in year one. Equity gained on principal adds $2,451/yr, and five-year appreciation sums $104,959 alongside rental yield of 8.17%. Five-year ROI measures 114.31% and total cumulative return in cash totals $143,957.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,586/mo property income versus a $1,859/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
9,300 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: Toby Wantz • Real Estate Today
Mls Name: Bright MLS
Mls ID: #MDWA2030726