1505 Jersey RdSalisburyMD21801
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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 1505 Jersey Rd, Salisbury, MD, 21801 uses $45,846 cash to close to unlock $12,345/yr annual cash flow and $1,029/mo monthly cash flow. Total monthly income runs $1,889/mo, and a $677/mo payment keeps the spread at $1,029/mo. Purchase price stands at $138,300, and rental yield measures 16.39% with $1,889/mo rent. Return on cash invested shows 46.84% in year one, and 5% annual appreciation builds toward $38,210 over five years. Five-year ROI reaches 247.31% and total cumulative return in cash records $113,381. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,889/mo property income covering a $677/mo payment rather than investor’s personal income.
Single Family
Built in 1988
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21801, Salisbury, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,627 (100%) |
| Owner Occupied HU | 6,592 (52.2%) |
| Renter Occupied HU | 5,172 (41.0%) |
| Vacant Housing Units | 863 ( 6.8%) |
| Median Home Value | $311,130 |
| Average Home Value | $357,046 |
Housing Distribution
Address Breakdown
Residential
11,939
Single Family
10,981
Multi-Family
958
Businesses
1,539
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