10207 White Pelican Way UNIT 106-D, New Market, MD, 21774 | $554/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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10207 White Pelican Way UNIT 106-D, New Market, MD, 21774 | $554/mo Cash Flow | Ziffy

For Sale

Listed for sale 3 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in New Market at 10207 White Pelican Way UNIT 106-D, New Market, MD, 21774 earns $554/mo cash flow from $2,413/mo rent with a $1,463/mo payment. Total monthly income totals $2,413/mo, and annual cash flow totals $6,646/yr on $99,119 capital. ROI tracks 26.61% on current figures, and rental yield reads 9.68% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 138.83% and total cumulative return in cash sums $137,602. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,413/mo property income instead of your personal income.

Condo

Built in 1993

N/A lot

$N/A/sqft

No HOA

More details about the property

Desirable End-Unit Condo in Prime Location: Welcome to this beautifully updated 2-bedroom, 1-bath end-unit condo with great lighting and an open floor plan with vaulted ceilings in a highly sought-after location. No detail was left out with the renovation of this home. The Lake Linganore community offers lakes, beaches, swimming pools, community center, playgrounds, pickle ball and tennis courts. Check out their website for more information!! This move-in-ready home features new appliances including the washer and dryer, new hardwood flooring and updated trim through out and a new HVAC system for year-round comfort and efficiency. The updated kitchen has high end soft close cabinet doors and updated counter tops. The updated bathroom offers a fresh, modern feel and you'll love the fog free mirror!! Enjoy relaxing on the front porch with low-maintenance composite decking, perfect for morning coffee. There is also a rear porch with sliding doors from the living area. Additional highlights include a carport for convenient covered parking and easy access to nearby shopping, dining, and amenities. This thoughtfully updated condo is stunning and ready for its new owner!! Dont miss the opportunity to make it yours!

Neighborhood Data

Neighborhood data shown for ZIP Code: 21774, New Market, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,012 (100%)
Owner Occupied HU	5,924 (84.5%)
Renter Occupied HU	680 ( 9.7%)
Vacant Housing Units	408 ( 5.8%)
Median Home Value	$585,254
Average Home Value	$611,240