108 2nd StCrisfieldMD21817
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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 108 2nd St, Crisfield, MD, 21817 uses $49,692 cash to close to unlock $4,073/yr annual cash flow and $339/mo monthly cash flow. Total monthly income runs $1,272/mo, and a $734/mo payment keeps the spread at $339/mo. Purchase price stands at $149,900, and rental yield measures 10.18% with $1,272/mo rent. Return on cash invested shows 28.1% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 146.92% and total cumulative return in cash records $73,007. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,272/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1900
6,352 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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