102 N Collins St, Snow Hill, MD, 21863 | $348/mo Cash Flow

For Sale

Fix & Flip

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 Snow Hill at 102 N Collins St, Snow Hill, MD, 21863 priced at $400,000 converts $2,836/mo rent into $348/mo cash flow after a $1,958/mo obligation. Total monthly income equals $2,836/mo, and annual cash flow totals $4,176/yr on $132,600 invested. Return on cash invested prints 23.06% in year one, and rental yield reads 8.51% against a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,513 by year five. Five-year ROI reaches 119.75% and total cumulative return in cash sums $158,788. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,836/mo property income covering a $1,958/mo payment, not borrower’s personal income.

Single Family

Built in 1900

5,974 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 21863, Snow Hill, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,223 (100%)
Owner Occupied HU	1,438 (64.7%)
Renter Occupied HU	526 (23.7%)
Vacant Housing Units	259 (11.7%)
Median Home Value	$314,286
Average Home Value	$382,465