119 Newtown RdSolomonsMD20688
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow119 Newtown Rd, Solomons, MD, 20688 in Solomons is a top-tier cash-flow asset. At $150,000 it produces $2,856/mo in rent and $1,923/mo in net monthly income, a 22.85% gross rental yield. The DSCR of 4.24 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $23,077. Five-year appreciation adds $41,442, driving a total cumulative return of $180,704.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 22.9% | 7.0% |
| Monthly Cash Flow | $1,923 | $850 |
City averages based on Solomons market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,856 |
| Total Monthly Debt Service | $873 |
| DSCR Ratio | 3.27x |
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.
Lot
Built in N/A
1.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20688, Solomons, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,360 (100%) |
| Owner Occupied HU | 766 (56.3%) |
| Renter Occupied HU | 346 (25.4%) |
| Vacant Housing Units | 248 (18.2%) |
| Median Home Value | $516,432 |
| Average Home Value | $611,540 |
Housing Distribution
Address Breakdown
Residential
1,166
Single Family
608
Multi-Family
558
Businesses
192
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
Lot
Built in N/A
1.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20688, Solomons, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,360 (100%) |
| Owner Occupied HU | 766 (56.3%) |
| Renter Occupied HU | 346 (25.4%) |
| Vacant Housing Units | 248 (18.2%) |
| Median Home Value | $516,432 |
| Average Home Value | $611,540 |
Housing Distribution
Address Breakdown
Residential
1,166
Single Family
608
Multi-Family
558
Businesses
192
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices