8966 Marshall Creek RdNewarkMD21841
INVESTMENT ANALYSIS
Investment Verdict
Solid Income8966 Marshall Creek Rd, Newark, MD, 21841 in Newark is a solid income-producing rental, 9.16% gross yield, $2,129/mo rent, $394/mo net cash flow on a $279,000 buy. DSCR 1.70 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $77,083 and $2,570/yr in principal reduction project a total cumulative return of $131,180.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.8% |
| Monthly Cash Flow | $394 | $900 |
City averages based on Newark market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,129 |
| Total Monthly Debt Service | $1,624 |
| DSCR Ratio | 1.31x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1988
1.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21841, Newark, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 443 (100%) |
| Owner Occupied HU | 337 (76.1%) |
| Renter Occupied HU | 72 (16.3%) |
| Vacant Housing Units | 34 ( 7.7%) |
| Median Home Value | $484,483 |
| Average Home Value | $520,987 |
Housing Distribution
Address Breakdown
Residential
414
Single Family
414
Multi-Family
0
Businesses
22
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
Manufactured
Built in 1988
1.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21841, Newark, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 443 (100%) |
| Owner Occupied HU | 337 (76.1%) |
| Renter Occupied HU | 72 (16.3%) |
| Vacant Housing Units | 34 ( 7.7%) |
| Median Home Value | $484,483 |
| Average Home Value | $520,987 |
Housing Distribution
Address Breakdown
Residential
414
Single Family
414
Multi-Family
0
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices