103 Williams St UNIT 514CrisfieldMD21817
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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
Investment Highlights
Investment property for sale in Crisfield at 103 Williams St UNIT 514, Crisfield, MD, 21817 offers a 7.66% rental yield on a $329,900 purchase with $2,107/mo rent. Total monthly income registers $2,107/mo, and a $1,615/mo payment leaves $55/mo available for distribution. Annual cash flow reaches $659/yr on $109,362 to close, and return on cash invested stands at 20.51% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,145 over five years. Portfolio math shows five-year ROI at 106.11% and total cumulative return in cash at $116,043. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,107/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
1 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21817, Crisfield, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,733 (100%) |
| Owner Occupied HU | 1,261 (46.1%) |
| Renter Occupied HU | 778 (28.5%) |
| Vacant Housing Units | 694 (25.4%) |
| Median Home Value | $181,944 |
| Average Home Value | $263,981 |
Housing Distribution
Address Breakdown
Residential
2,488
Single Family
2,395
Multi-Family
93
Businesses
180
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