113 Montleau AveSalisburyMD21804
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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 Salisbury at 113 Montleau Ave, Salisbury, MD, 21804 uses $115,694 cash to close to unlock $4,435/yr annual cash flow and $370/mo monthly cash flow. Total monthly income runs $2,540/mo, and a $1,708/mo payment keeps the spread at $370/mo. Purchase price stands at $349,000, and rental yield measures 8.73% with $2,540/mo rent. Return on cash invested shows 23.74% in year one, and 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 123.45% and total cumulative return in cash records $142,824. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,540/mo property income covering a $1,708/mo payment rather than investor’s personal income.
Single Family
Built in 1963
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21804, Salisbury, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,230 (100%) |
| Owner Occupied HU | 8,323 (45.7%) |
| Renter Occupied HU | 8,440 (46.3%) |
| Vacant Housing Units | 1,467 ( 8.0%) |
| Median Home Value | $273,376 |
| Average Home Value | $335,430 |
Housing Distribution
Address Breakdown
Residential
17,571
Single Family
15,361
Multi-Family
2,210
Businesses
1,023
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