870 Pine StHagerstownMD21740
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
Investment Highlights
Investment property for sale in Hagerstown at 870 Pine St, Hagerstown, MD, 21740 with 5% annual appreciation on a $240,000 basis while $1,719/mo rent supports operations. Total monthly income totals $1,719/mo and a $1,175/mo payment preserves $226/mo for cash returns. Annual cash flow comes to $2,712/yr on $79,560 deployed, and return on cash invested reaches 23.32% in year one. Equity gained on principal adds $1,549/yr, and five-year appreciation sums $66,308 alongside rental yield of 8.6%. Five-year ROI measures 121.15% and total cumulative return in cash totals $96,386.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,719/mo property income versus a $1,175/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
7,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21740, Hagerstown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,521 (100%) |
| Owner Occupied HU | 14,671 (51.4%) |
| Renter Occupied HU | 11,531 (40.4%) |
| Vacant Housing Units | 2,319 ( 8.1%) |
| Median Home Value | $288,026 |
| Average Home Value | $345,481 |
Housing Distribution
Address Breakdown
Residential
26,569
Single Family
22,946
Multi-Family
3,623
Businesses
2,422
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jon Fleming • Weichert Realtors - Blue Ribbon
Mls Name: Bright MLS
Mls ID: #MDWA2030378