204 6th StPocomoke CityMD21851
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
Investment property for sale in Pocomoke City at 204 6th St, Pocomoke City, MD, 21851 at $144,900 posts ROI 39.3% with $776/mo cash flow from $1,677/mo rent. Total monthly income equals $1,677/mo, and annual cash flow records $9,312/yr on $48,034 to close. Return on cash invested measures 39.3% and rental yield reads 13.89% at the current $144,900. Equity gained on principal adds $935/yr, and 5% annual appreciation supports $40,033 by year five. Five-year ROI prints 206.8% and total cumulative return in cash totals $99,337.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,677/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
5,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21851, Pocomoke City, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,418 (100%) |
| Owner Occupied HU | 2,010 (58.8%) |
| Renter Occupied HU | 1,036 (30.3%) |
| Vacant Housing Units | 372 (10.9%) |
| Median Home Value | $220,175 |
| Average Home Value | $316,874 |
Housing Distribution
Address Breakdown
Residential
3,195
Single Family
3,061
Multi-Family
134
Businesses
345
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Listed by: James Littlefield • Northrop Realty
Mls Name: Bright MLS
Mls ID: #MDWO2029782