1165 S Division StSalisburyMD21804
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 1165 S Division St, Salisbury, MD, 21804 in Salisbury. Priced at $194,900, it generates $2,081/mo in gross rent and $869/mo in net monthly cash flow, a 12.81% yield that comfortably supports the 2.38 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $10,423. Five-year appreciation: $53,847. Equity from principal paydown: $1,795/yr. Total projected cumulative return: $129,868.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.8% | 5.8% |
| Monthly Cash Flow | $869 | $450 |
City averages based on Salisbury market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,081 |
| Total Monthly Debt Service | $1,135 |
| DSCR Ratio | 1.83x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1975
2,000 sqft 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
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
Townhouse
Built in 1975
2,000 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices