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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in New Market, MD
$ 289,500
ROI
21.0
Cash Flow/m
102- 2 Bed
- 1 Bath
- 851 sft
10267 White Pelican Way #102A, New Market, MD, 21774
$ 345,000
ROI
26.2Cash Flow/m
619- 2 Bed
- 2 Bath
- - sft
5733 Meadowood St #303, New Market, MD, 21774
$ 329,900
ROI
20.6Cash Flow/m
74- 2 Bed
- 1 Bath
- - sft
10255 White Pelican Way #103D, New Market, MD, 21774
$ 298,765
ROI
24.4Cash Flow/m
387- 2 Bed
- 1 Bath
- 857 sft
10249 White Pelican Way #103-A, New Market, MD, 21774
Why Invest in New Market, Maryland?
Investing in condos in New Market, MD offers a unique opportunity to capitalize on the town's strong rental demand and steady appreciation. Condo properties here deliver an average ROI of about 7%, supported by a rental yield of 5.5% and a cap rate near 6%. With an average cash flow of $550 per month and average rent around $1,200, investors can expect consistent income. The renter-occupied rate exceeds 60%, reflecting a healthy rental market.
7%
Avg. ROI
5.5%
Rental Yield
6%
Cap Rate
$550/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in New Market, MD is approximately 5.5%, reflecting strong rental demand in the area.
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