9310 Penrose StFrederickMD21704
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.13% yield at 9310 Penrose St, Frederick, MD, 21704 in Frederick is solid, but the $2,495/mo payment compresses net cash flow to $153/mo at $554,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $153,309 by year five, and $5,111/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.51) without U.S. income documentation. Total projected return: $221,011.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 5.6% |
| Monthly Cash Flow | $153 | $285 |
City averages based on Frederick market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,758 |
| Total Monthly Debt Service | $3,384 |
| DSCR Ratio | 1.11x |
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 2005
2,200 sqft lot
$N/A/sqft
$154 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21704, Frederick, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,869 (100%) |
| Owner Occupied HU | 6,448 (81.9%) |
| Renter Occupied HU | 1,102 (14.0%) |
| Vacant Housing Units | 319 ( 4.1%) |
| Median Home Value | $639,224 |
| Average Home Value | $681,630 |
Housing Distribution
Address Breakdown
Residential
7,614
Single Family
7,462
Multi-Family
152
Businesses
960
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 2005
2,200 sqft lot
$N/A/sqft
$154 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21704, Frederick, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,869 (100%) |
| Owner Occupied HU | 6,448 (81.9%) |
| Renter Occupied HU | 1,102 (14.0%) |
| Vacant Housing Units | 319 ( 4.1%) |
| Median Home Value | $639,224 |
| Average Home Value | $681,630 |
Housing Distribution
Address Breakdown
Residential
7,614
Single Family
7,462
Multi-Family
152
Businesses
960
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices