106 Waters Edge #C-106CCrisfieldMD21817
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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 106 Waters Edge #C-106C, Crisfield, MD, 21817 uses $122,324 cash to close to unlock $2,425/yr annual cash flow and $202/mo monthly cash flow. Total monthly income runs $2,497/mo, and a $1,806/mo payment keeps the spread at $202/mo. Purchase price stands at $369,000, and rental yield measures 8.12% with $2,497/mo rent. Return on cash invested shows 21.89% in year one, and 5% annual appreciation builds toward $101,948 over five years. Five-year ROI reaches 113.53% and total cumulative return in cash records $138,879. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,497/mo property income covering a $1,806/mo payment rather than investor’s personal income.
Townhouse
Built in 2005
1,969 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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