225 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 225 N Somerset Ave, Crisfield, MD, 21817 offers $2,008/mo rent that, after a $1,023/mo payment, leaves $708/mo cash flow. Total monthly income is $2,008/mo, and annual cash flow is $8,497/yr on $69,284 cash. Return on cash invested measures 32.17% in year one, and rental yield stands at 11.53% at a $209,000 entry. Equity gained on principal adds $1,349/yr while 5% annual appreciation compounds into $57,743 by year five. Five-year ROI records 168.7% and total cumulative return in cash reaches $116,882. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,008/mo property income versus a $1,023/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1927
0.45 Acres 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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