Broadfording Rd #17038HagerstownMD21740
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
Rental property for sale in Hagerstown at Broadfording Rd #17038, Hagerstown, MD, 21740 generates $2,040/mo in rent, after a $2,809/mo payment. Total monthly income is $2,040/mo. Return on cash invested sits at 10.34% in year one, and rental yield is 4.27% on a $573,950 entry. Equity gained on principal adds $3,704/yr, while 5% annual appreciation builds toward $158,572 over five years. Five-year ROI reaches 51.54% and total cumulative return in cash sums $97,325. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,040/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
3.19 Acres 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: Mark Oliver • Oliver Homes,Inc.
Mls Name: Bright MLS
Mls ID: #MDWA2031770