115 Purnell StSnow HillMD21863
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Snow Hill at 115 Purnell St, Snow Hill, MD, 21863 priced at $249,900 pairs $1,720/mo rent with $166/mo cash flow after a $1,223/mo payment. Total monthly income equals $1,720/mo, and annual cash flow comes to $1,991/yr on $82,842 invested. Return on cash invested is 22.31% in year one, and rental yield stands at 8.26% on a $249,900 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,043 by year five. Five-year ROI measures 115.77% and total cumulative return in cash reaches $95,906. For financing, Ziffy Mortgage’s DSCR program evaluates $1,720/mo property income against a $1,223/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
6,299 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21863, Snow Hill, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,223 (100%) |
| Owner Occupied HU | 1,438 (64.7%) |
| Renter Occupied HU | 526 (23.7%) |
| Vacant Housing Units | 259 (11.7%) |
| Median Home Value | $314,286 |
| Average Home Value | $382,465 |
Housing Distribution
Address Breakdown
Residential
2,133
Single Family
2,099
Multi-Family
34
Businesses
238
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices