6863 E Shavano RdNew 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 6863 E Shavano Rd, New Market, MD, 21774 earns from $4,812/mo rent with a $3,915/mo payment. Total monthly income totals $4,812/mo. ROI tracks 18.41% on current figures, and rental yield reads 7.22% at a $799,900 purchase. Equity gained on principal adds $5,162/yr, and 5% annual appreciation supports $220,998 over five years. Five-year ROI reaches 95.15% and total cumulative return in cash sums $250,404. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,812/mo property income instead of your personal income.
Single Family
Built in 2017
7,836 sqft lot
$N/A/sqft
$199 monthly 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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Nearby investment properties with comparable prices
Listed by: Hanna Houck • RE/MAX Aspire
Mls Name: Bright MLS
Mls Provider:
Mls ID: #MDFR2061002
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