311 Railroad AveEast 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 311 Railroad Ave, East New Market, MD, 21631 earns $492/mo cash flow from $2,482/mo rent with a $1,566/mo payment. Total monthly income totals $2,482/mo, and annual cash flow totals $5,906/yr on $106,047 capital. ROI tracks 25.48% on current figures, and rental yield reads 9.31% at a $319,900 purchase. Equity gained on principal adds $2,064/yr, and 5% annual appreciation supports $88,382 over five years. Five-year ROI reaches 132.79% and total cumulative return in cash sums $140,816. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,482/mo property income instead of your personal income.
Single Family
Built in 2021
0.39 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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Listed by: Heather Brummell • Keller Williams Realty
Mls Name: Bright MLS
Mls ID: #MDDO2010976