106 E East StDelmarMD21875
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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
Rental property for sale in Delmar at 106 E East St, Delmar, MD, 21875 priced at $165,000 converts $1,934/mo rent into $907/mo cash flow after a $808/mo obligation. Total monthly income equals $1,934/mo, and annual cash flow totals $10,888/yr on $54,698 invested. Return on cash invested prints 39.82% in year one, and rental yield reads 14.07% against a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation compiles into $45,586 by year five. Five-year ROI reaches 209.69% and total cumulative return in cash sums $114,695. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,934/mo property income covering a $808/mo payment, not borrower’s personal income.
Single Family
Built in 1900
5,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21875, Delmar, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,151 (100%) |
| Owner Occupied HU | 2,055 (65.2%) |
| Renter Occupied HU | 916 (29.1%) |
| Vacant Housing Units | 180 ( 5.7%) |
| Median Home Value | $300,687 |
| Average Home Value | $312,591 |
Housing Distribution
Address Breakdown
Residential
3,066
Single Family
2,970
Multi-Family
96
Businesses
95
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