




A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in New Windsor at 1423 Hallowell Ln, New Windsor, MD, 21776 listed at $584,800 pairs $3,659/mo rent with a $2,862/mo payment to leave $22/mo cash flow. Total monthly income runs $3,659/mo, and annual cash flow reaches $266/yr on $192,399 cash to close. Return on cash invested measures 20.2% in year one, and rental yield registers 7.51% at a $584,800 basis. Equity gained on principal adds $3,774/yr, and annual property appreciation at 5% supports $161,569 by year five. Five-year ROI tracks 104.42% and total cumulative return in cash totals $200,908. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,659/mo property income relative to a $2,862/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1987
1.51 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 21776, New Windsor, MD area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,555 (100%) |
| Owner Occupied HU | 2,129 (83.3%) |
| Renter Occupied HU | 296 (11.6%) |
| Vacant Housing Units | 130 ( 5.1%) |
| Median Home Value | $516,236 |
| Average Home Value | $553,970 |
Residential
2,082
Single Family
2,082
Multi-Family
0
Businesses
113
Date | Event | Price |
|---|---|---|
| 2025-09-05 | Listing removed | $599,999 |
| 2025-07-21 | Price change | $599,999 |
| 2025-06-12 | Listed for sale | $619,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-10-08 | $60.00 | -98.75% | $446,100 | 5.21% |
| 2024-10-08 | $4791.20 | 2.60% | $424,000 | 2.60% |
| 2023-10-08 | $4669.92 | 2.67% | $413,267 | -2.53% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A