8220 Red Wing CtFrederickMD21701
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 8220 Red Wing Ct, Frederick, MD, 21701 in Frederick. At $379,000 it earns $2,792/mo in rent and distributes $316/mo to the owner after the $1,704/mo payment, a consistent 8.84% yield. DSCR 1.64 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $104,711 in value; $3,491/yr in principal paydown compounds ownership stake. Total projected return: $164,630.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 5.6% |
| Monthly Cash Flow | $316 | $285 |
City averages based on Frederick market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,792 |
| Total Monthly Debt Service | $2,325 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1987
1,700 sqft lot
$N/A/sqft
$357 quarterly HOA
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 |
Housing Distribution
Address Breakdown
Residential
18,591
Single Family
15,043
Multi-Family
3,548
Businesses
1,885
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 1987
1,700 sqft lot
$N/A/sqft
$357 quarterly HOA
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 |
Housing Distribution
Address Breakdown
Residential
18,591
Single Family
15,043
Multi-Family
3,548
Businesses
1,885
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices