








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 716 Iron Forge Rd #A, Frederick, MD, 21702 with 5% annual appreciation on a $363,930 basis while $2,584/mo rent supports operations. Total monthly income totals $2,584/mo and a $1,781/mo payment preserves $321/mo for cash returns. Annual cash flow comes to $3,849/yr on $120,643 deployed, and return on cash invested reaches 23.1% in year one. Equity gained on principal adds $2,348/yr, and five-year appreciation sums $100,547 alongside rental yield of 8.52%. Five-year ROI measures 119.98% and total cumulative return in cash totals $144,751.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,584/mo property income versus a $1,781/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 21702, Frederick, MD area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,989 (100%) |
| Owner Occupied HU | 12,184 (61.0%) |
| Renter Occupied HU | 6,992 (35.0%) |
| Vacant Housing Units | 813 ( 4.1%) |
| Median Home Value | $466,678 |
| Average Home Value | $529,447 |
Residential
18,650
Single Family
14,874
Multi-Family
3,776
Businesses
1,101
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: Melissa Lambert • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #MDFR2073424