13-15 N Somerset AveCrisfieldMD21817
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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
Rental property for sale in Crisfield at 13-15 N Somerset Ave, Crisfield, MD, 21817 generates $1,549/mo in rent, after a $1,248/mo payment. Total monthly income is $1,549/mo. Return on cash invested sits at 19.39% in year one, and rental yield is 7.29% on a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 100.12% and total cumulative return in cash sums $84,632. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,549/mo property income rather than buyer’s personal income.
Multi Family
Built in 1910
4,791 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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