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Market MapMarylandFrederick

Frederick County

MarylandPopulation: 273,829
54
/100
Hold
#483 of 1,000 counties
#18 in Maryland (24 counties)

Market Snapshot

$491,774
Median Home Price
111% above national median
$2,121/mo
Median Rent
40% above national median
5.18%
Rent-to-Price Ratio
Top 70% nationally
-$1,199
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$491,774
Down Payment (20%)$98,355
Loan Amount$393,419
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$2,121
Monthly P&I-$2,578
Est. Expenses (35%)-$742
Net Cash Flow-$1,199/mo
3.4%
Cap Rate (all cash)
-12.7%
Cash-on-Cash Return
5.18%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 3.4% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
54/100
54
Cash Flow(30%)
48/100

Based on 5.18% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
55/100

Based on 0.5% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
66/100

Price-to-income ratio of 4.2x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

  • +Complete rent data available

Challenges

  • -Below-average rent-to-price ratio (5.18%)
  • -Negative cash flow at typical financing (-$1,199/mo)
  • -Negative leverage (cap rate 3.4% < mortgage rate 6.9%)

Economic Indicators

Population
273,829
Median Income
$115,724
vs $57,018 national est.
Unemployment Rate
—
Data pending
Price-to-Income
4.2x
Moderately affordable

Compare to Nearby Counties

CountyVerdict
CarolineMD
56$326,238Est. pending—HoldView
DorchesterMD
56$267,702Est. pending—HoldView
Prince GeorgesMD
55$422,458$1,9855.64%HoldView
KentMD
55$377,212Est. pending—HoldView
CurrentFrederickMD
54$491,774$2,1215.18%Hold
CarrollMD
53$481,105$1,7674.41%HoldView

The Bottom Line

HoldFrederick is a neutral market. Consider house hacking or targeting below-market deals.

Frederick County in Maryland scores 54/100, ranking #483 of 1,000 US counties (top 64%). The 5.18% rent-to-price ratio may require creative strategies or below-market purchases for positive cash flow. Current market conditions make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or all-cash purchases.

Monthly Cash Flow
$-1,199/mo
Cap Rate
3.4%
Cash-on-Cash
-12.7%

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