5820 Burin St #401New MarketMD21774
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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 New Market at 5820 Burin St #401, New Market, MD, 21774 earns $715/mo cash flow from $3,203/mo rent with a $1,958/mo payment. Total monthly income totals $3,203/mo, and annual cash flow totals $8,580/yr on $132,593 capital. ROI tracks 26.38% on current figures, and rental yield reads 9.61% at a $399,980 purchase. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,507 over five years. Five-year ROI reaches 137.62% and total cumulative return in cash sums $182,470. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,203/mo property income instead of your personal income.
Condo
Built in 2019
N/A lot
$N/A/sqft
No 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
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Listed by: Maritza Suarez • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #MDFR2066912