309 Edmonson LnEast New MarketMD21631
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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
Investment Highlights
Investment property for sale in East New Market at 309 Edmonson Ln, East New Market, MD, 21631 offers a 10.74% rental yield on a $370,100 purchase with $3,312/mo rent. Total monthly income registers $3,312/mo, and a $1,811/mo payment leaves $915/mo available for distribution. Annual cash flow reaches $10,984/yr on $122,688 to close, and return on cash invested stands at 28.86% in year one. Equity gained on principal adds $2,388/yr while 5% annual appreciation supports $102,252 over five years. Portfolio math shows five-year ROI at 151.25% and total cumulative return in cash at $185,568. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,312/mo property income against a $1,811/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21631, East New Market, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,256 (100%) |
| Owner Occupied HU | 972 (77.4%) |
| Renter Occupied HU | 155 (12.3%) |
| Vacant Housing Units | 129 (10.3%) |
| Median Home Value | $282,824 |
| Average Home Value | $279,347 |
Housing Distribution
Address Breakdown
Residential
1,041
Single Family
1,022
Multi-Family
19
Businesses
38
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