97 South BroadwayFrostburgMD21532
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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 Frostburg at 97 South Broadway, Frostburg, MD, 21532 offers $1,178/mo rent that, after a $517/mo payment, leaves $480/mo cash flow. Total monthly income is $1,178/mo, and annual cash flow is $5,757/yr on $35,006 cash. Return on cash invested measures 36.35% in year one, and rental yield stands at 13.39% at a $105,600 entry. Equity gained on principal adds $681/yr while 5% annual appreciation compounds into $29,175 by year five. Five-year ROI records 191.62% and total cumulative return in cash reaches $67,078. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,178/mo property income versus a $517/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1920
6,185 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21532, Frostburg, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,786 (100%) |
| Owner Occupied HU | 3,755 (55.3%) |
| Renter Occupied HU | 1,936 (28.5%) |
| Vacant Housing Units | 1,095 (16.1%) |
| Median Home Value | $194,526 |
| Average Home Value | $248,376 |
Housing Distribution
Address Breakdown
Residential
6,433
Single Family
6,052
Multi-Family
381
Businesses
330
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