740 Compass Way, Frederick, MD, 21701 | 5.76% Rental Yield

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740 Compass Way, Frederick, MD, 21701 | 5.76% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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 740 Compass Way, Frederick, MD, 21701 offers a 5.76% rental yield on a $499,990 purchase with $2,400/mo rent. 77% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,138 over five years. Portfolio math shows five-year ROI at 75.34% and total cumulative return in cash at $124,877. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 2025

2,300 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to Renn Quarter, the hottest new community in Downtown Frederick. This stunning end-unit Norris townhome offers the perfect blend of modern design, urban convenience, and unbeatable amenities, all just minutes from the vibrant heart of Frederick. This spacious and stylish 4 bedroom, 3.5 bath townhome features an open-concept layout that is perfect for entertaining. High-end finishes and contemporary design elements make this home truly stand out. The oversized owners suite serves as a private retreat, complete with a large walk-in closet and ensuite bath, ideal for unwinding after a long day. A two-car garage provides private parking and additional storage space. Located within walking or biking distance to Historic Downtown Frederick, this home offers easy access to boutique shops, breweries, restaurants, and entertainment. Frederick is also recognized as one of the most dog-friendly cities in the United States. Renn Quarter is designed to be more than just a neighborhood; it is a destination. Planned community amenities include swimming pools, a clubhouse, parks, playgrounds, picnic pavilions, dog parks, walking trails, soccer fields, and open green spaces. Residents will also enjoy on-site shops, and restaurants. This beautiful home is ready for its first owner. Do not miss the opportunity to own a brand-new townhome in one of the most exciting and fast-growing areas of Maryland. Contact us today to schedule a private tour and ask about our exclusive incentives.

Neighborhood Data

Neighborhood data shown for ZIP Code: 21701, Frederick, MD area.

Housing Distribution

Housing Statistics

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