6977 Meadowpoint Ter, New Market, MD, 21774 | 7.13% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in New Market at 6977 Meadowpoint Ter, New Market, MD, 21774 generates $3,856/mo in rent, after a $3,177/mo payment. Total monthly income is $3,856/mo. Return on cash invested sits at 19.04% in year one, and rental yield is 7.13% on a $649,000 entry. Equity gained on principal adds $4,188/yr, while 5% annual appreciation builds toward $179,307 over five years. Five-year ROI reaches 98.23% and total cumulative return in cash sums $209,736. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,856/mo property income rather than buyer’s personal income.

Single Family

Built in 1997

0.33 Acres 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