722 Iron Forge Rd UNIT AFrederickMD21702
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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 722 Iron Forge Rd UNIT A, Frederick, MD, 21702 earns $134/mo cash flow from $2,584/mo rent with a $1,928/mo payment. Total monthly income totals $2,584/mo, and annual cash flow totals $1,608/yr on $130,605 capital. ROI tracks 21.14% on current figures, and rental yield reads 7.87% at a $393,982 purchase. Equity gained on principal adds $2,542/yr, and 5% annual appreciation supports $108,850 over five years. Five-year ROI reaches 109.46% and total cumulative return in cash sums $142,966. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,584/mo property income instead of your personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
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
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