10299 Cliff Swallow Ct UNIT 204-FNew MarketMD21774
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 10299 Cliff Swallow Ct UNIT 204-F, New Market, MD, 21774 in New Market. At $229,900 it earns $1,896/mo in rent and distributes $406/mo to the owner after the $1,034/mo payment, a consistent 9.9% yield. DSCR 1.83 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $63,517 in value; $2,117/yr in principal paydown compounds ownership stake. Total projected return: $113,617.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 7.0% |
| Monthly Cash Flow | $406 | $350 |
City averages based on New Market market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,896 |
| Total Monthly Debt Service | $1,398 |
| DSCR Ratio | 1.36x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Apartment
Built in 1992
N/A lot
$N/A/sqft
$60 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
6,634
Single Family
6,634
Multi-Family
0
Businesses
218
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
Apartment
Built in 1992
N/A lot
$N/A/sqft
$60 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
6,634
Single Family
6,634
Multi-Family
0
Businesses
218
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices