8897 Successful WayWalkersvilleMD21793
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 Walkersville at 8897 Successful Way, Walkersville, MD, 21793 offers a 8.75% rental yield on a $420,000 purchase with $3,064/mo rent. Total monthly income registers $3,064/mo, and a $2,056/mo payment leaves $452/mo available for distribution. Annual cash flow reaches $5,418/yr on $139,230 to close, and return on cash invested stands at 23.8% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,038 over five years. Portfolio math shows five-year ROI at 123.75% and total cumulative return in cash at $172,303. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,064/mo property income against a $2,056/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
9,148 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandy LaJoie-Maleson • Century 21 Redwood Realty
Mls Name: Bright MLS
Mls ID: #MDFR2069942