214 Jackson StHancockMD21750
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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 Hancock at 214 Jackson St, Hancock, MD, 21750 priced at $250,000 pairs $1,718/mo rent with $163/mo cash flow after a $1,224/mo payment. Total monthly income equals $1,718/mo, and annual cash flow comes to $1,953/yr on $82,875 invested. Return on cash invested is 22.27% in year one, and rental yield stands at 8.25% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 115.52% and total cumulative return in cash reaches $95,734. For financing, Ziffy Mortgage’s DSCR program evaluates $1,718/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1955
3,640 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21750, Hancock, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,773 (100%) |
| Owner Occupied HU | 1,092 (61.6%) |
| Renter Occupied HU | 496 (28.0%) |
| Vacant Housing Units | 185 (10.4%) |
| Median Home Value | $293,275 |
| Average Home Value | $318,807 |
Housing Distribution
Address Breakdown
Residential
1,694
Single Family
1,611
Multi-Family
83
Businesses
196
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