




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 753 Elevation Rd, Frederick, MD, 21702 at $412,260 posts ROI 24.26% with $496/mo cash flow from $3,060/mo rent. Total monthly income equals $3,060/mo, and annual cash flow records $5,949/yr on $136,664 to close. Return on cash invested measures 24.26% and rental yield reads 8.91% at the current $412,260. Equity gained on principal adds $2,660/yr, and 5% annual appreciation supports $113,900 by year five. Five-year ROI prints 126.22% and total cumulative return in cash totals $172,501.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,060/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2025
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 |
|---|---|---|
| 2025-07-11 | Listed for sale | $412,260 |
| 2025-06-06 | Listing removed | $399,999 |
| 2025-05-19 | Price change | $399,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • K Hovnanian Homes
Mls Name: K. Hovnanian Companies, LLC
Mls Provider:
Mls ID: #N/A