13-13 N Somerset Ave #15CrisfieldMD21817
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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 13-13 N Somerset Ave #15, Crisfield, MD, 21817 listed at $247,000 pairs $2,329/mo rent with a $1,209/mo payment to leave $793/mo cash flow. Total monthly income runs $2,329/mo, and annual cash flow reaches $9,513/yr on $81,881 cash to close. Return on cash invested measures 31.53% in year one, and rental yield registers 11.31% at a $247,000 basis. Equity gained on principal adds $1,594/yr, and annual property appreciation at 5% supports $68,242 by year five. Five-year ROI tracks 165.2% and total cumulative return in cash totals $135,268. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,329/mo property income relative to a $1,209/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
N/A 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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