6736 Ridgecrest RdNew 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
Rental property for sale in New Market at 6736 Ridgecrest Rd, New Market, MD, 21774 generates $4,033/mo in rent, after a $3,230/mo payment. Total monthly income is $4,033/mo. Return on cash invested sits at 19.67% in year one, and rental yield is 7.33% on a $660,000 entry. Equity gained on principal adds $4,259/yr, while 5% annual appreciation builds toward $182,346 over five years. Five-year ROI reaches 101.54% and total cumulative return in cash sums $220,485. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,033/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
8,795 sqft 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: Aaron Marsh • Marsh Realty
Mls Name: Bright MLS
Mls ID: #MDFR2072570