8463 Discovery BlvdWalkersvilleMD21793
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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
Rental property for sale in Walkersville at 8463 Discovery Blvd, Walkersville, MD, 21793 generates $2,671/mo in rent and, after a $1,415/mo payment, leaves $873/mo in cash flow. Total monthly income is $2,671/mo, and annual cash flow is $10,477/yr on $95,804 invested. Return on cash invested sits at 30.84% in year one, and rental yield is 11.09% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 161.56% and total cumulative return in cash sums $154,778. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,671/mo property income rather than buyer’s personal income.
Townhouse
Built in 1975
1,520 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21793, Walkersville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,921 (100%) |
| Owner Occupied HU | 3,178 (81.1%) |
| Renter Occupied HU | 629 (16.0%) |
| Vacant Housing Units | 114 ( 2.9%) |
| Median Home Value | $474,880 |
| Average Home Value | $498,520 |
Housing Distribution
Address Breakdown
Residential
3,810
Single Family
3,610
Multi-Family
200
Businesses
215
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Listed by: Joanna Brown • Keller Williams Realty Centre
Mls Name: Bright MLS
Mls ID: #MDFR2074968