722 Iron Forge Rd #C, Frederick, MD, 21702 | 7.11% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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722 Iron Forge Rd #C, Frederick, MD, 21702 | 7.11% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

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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 722 Iron Forge Rd #C, Frederick, MD, 21702 earns from $2,152/mo rent with a $1,777/mo payment. Total monthly income totals $2,152/mo. ROI tracks 18.85% on current figures, and rental yield reads 7.11% at a $363,150 purchase. Equity gained on principal adds $2,343/yr, and 5% annual appreciation supports $100,332 over five years. Five-year ROI reaches 97.19% and total cumulative return in cash sums $117,002. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,152/mo property income instead of your personal income.

Condo

Built in N/A

N/A lot

$N/A/sqft

No HOA

More details about the property

Luxury new construction condo available for a quick move-in. Now offering $20,000 builder incentive with the use of our preferred lender and title - already applied to the list price. Welcome to the Sedona floorplan, a thoughtfully crafted home that offers the ease of true one-level living. Unlike 55+ communities, here you'll enjoy the same low-maintenance lifestyle without limiting your investment potential, and with condo and HOA fees that are far more reasonable. This ground-level end-unit provides direct access to the attached garage and patio with no stairs, and its quiet corner location is just steps from community green space and parks while remaining tucked away from main intersections and traffic. The open-concept design features abundant natural light, a seamless flow between the living, dining, and kitchen spaces, and a cozy fireplace in the family room. The main level includes the owners suite, while the upper level offers a private second bedroom with its own full bath, perfect for guests or additional living space. Ideally located near I-70, I-270, and Rt. 15, this community is minutes from shopping, dining, outdoor recreation, and downtown Frederick. Do not miss the opportunity to own this beautifully designed home. Schedule your tour and reserve your unit today.

Neighborhood Data

Neighborhood data shown for ZIP Code: 21702, Frederick, MD area.

Housing Distribution

Housing Statistics

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

Housing Distribution

Address Breakdown

Residential

18,650

Single Family

14,874

Multi-Family

3,776

Businesses

1,101

Price History

Date	Event	Price
No price history data available

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

Nearby investment properties with comparable rents

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714 Iron Frg UNIT B, Frederick, MD, 21702

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2 Bed
2 Bath
1235 sft

1625 Blacksmith Way UNIT B, Frederick, MD, 21702

3 Bed
2 Bath
1470 sft

1053 W Washington St, Harpers Ferry, WV, 25425

Nearby investment properties with comparable prices

3 Bed
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716 Iron Forge Rd #A, Frederick, MD, 21702

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716 Iron Forge Rd, Frederick, MD, 21702

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267 Longford Dr, Frederick, MD, 21702

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267 Longford Ct, Frederick, MD, 21702

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: Condo
Year Built: N/A
Architectural Style: N/A
Building Area: N/A
Living Area: N/A
Property Condition: N/A

Features & Amenities

Heating: N/A
Cooling: N/A
Flooring: N/A
Interior Features: N/A
Exterior Features: N/A
Parking Features: Garage Door Opener, Garage Faces Rear, Attached, Driveway, On Street

Location

City: Frederick
State: MD
Subdivision: N/A
Lot Size: N/A
Lot Features: N/A
View: N/A

HOA & Fees

HOA Fee: N/A
Association Fee: N/A
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: N/A
Water Source: N/A
Road Surface Type: N/A

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: Melissa Lambert • Long & Foster Real Estate, Inc.

Mls Name: Bright MLS

Mls ID: #MDFR2074510

722 Iron Forge Rd #C,Frederick,MD,21702

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

722 Iron Forge Rd #CFrederickMD21702