Snapdragon WayHagerstownMD21742
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 Snapdragon Way, Hagerstown, MD, 21742 priced at $329,990 converts $2,017/mo rent into after a $1,615/mo obligation. Total monthly income equals $2,017/mo. Return on cash invested prints 19.52% in year one, and rental yield reads 7.33% against a $329,990 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,170 by year five. Five-year ROI reaches 100.82% and total cumulative return in cash sums $110,287. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,017/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Townhouse
Built in 2026
1,466 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21742, Hagerstown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,303 (100%) |
| Owner Occupied HU | 9,197 (64.3%) |
| Renter Occupied HU | 4,190 (29.3%) |
| Vacant Housing Units | 916 ( 6.4%) |
| Median Home Value | $347,065 |
| Average Home Value | $391,442 |
Housing Distribution
Address Breakdown
Residential
14,152
Single Family
12,576
Multi-Family
1,576
Businesses
762
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brittany Newman • DRB Group Realty, LLC
Mls Name: Bright MLS
Mls ID: #MDWA2033784