5903 Constance WayNew MarketMD21774
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
Investment Highlights
Investment property for sale in New Market at 5903 Constance Way, New Market, MD, 21774 offers a 6.64% rental yield on a $624,000 purchase with $3,452/mo rent. 55% in year one. Equity gained on principal adds $4,027/yr while 5% annual appreciation supports $172,400 over five years. Portfolio math shows five-year ROI at 90.23% and total cumulative return in cash at $185,243. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,452/mo property income against a $3,054/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2013
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lynn Collins • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #MDFR2075538